Solve it as soon as possible with correct answer and proper explanation Player 2Xy2a5,23,42, 1b4,43,23,3Player 1C3,44,40,4d2,31,53,0 a) Refer to the game in the figure below. Which strategies survive for Player 1 after iterated elimination of strictly dominated strategies? Write your answer as a comma-separated list ofstrategies. Example: if b and c survive, write your answer as b, c.b)Refer to the game in the figure below. Which strategies survive for Player 1 after iterated elimination of weakly dominated strategies? Write your answer as a comma-separated list ofstrategies. Example: if b and c survive, write your answer as b, c.c) Refer to the game in the figure below. Which strategies survive for Player 2 after iterated elimination of weakly dominated strategies? Write your answer as a comma-separated list ofstrategies.Player 2Player 1

Answer given that: Consider strategies a and b. Whatever player chooses x, y or z, strategy b gives…

Answered: Player 2 X y 2 a 5,2 3,4 2, 1 b 4,4 3,2…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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James has two young children (Finn and lain) who are visiting the doctor for their annual well-child check-ups. The doctor's office charges $105 for well-child appointments. Health insurance pays 100% of the costs associated with well-child visits and does not require a copayment. James' health plan monthly premium is $1,400 and has a $1,000 deductible. How much will James be charged when the appointment is done?
Explain traditional or behavioral economic beliefs
Your friend bought two tickets to see James Taylor play at the Save-On Center, but now her partner can’t make it. You knew about the concert, but you decided you’re not a big enough fan to pay $100 for a ticket. On the other hand, she would have bought tickets even if they cost $150 each. If you assume that she cannot sell the ticket anywhere else, what is the minimum price you can offer her for the ticket that she will accept? Explain your answer.
You want to travel to Las Vegas to celebrate spring break and your "A" in your microeconomics class! You are trying to figure out if you should drive or fly. A round trip airline ticket from Riverside to Las Vegas costs $350 and flying there and back takes about 5 hours. Driving roundtrip to Las Vegas costs about $50 in gas and takes about 10 hours. Other things constant, what is the minimum amount of money that you would have to expect to make by gambling in Las Vegas to induce you as a rational individual to fly rather than drive? O $10 an hour $60 an hour O $70 an hour O $300 an hour
please answer the question below as soon as possible, please!
Betting on Events Suppose there is a 75% chance of rain tomorrow. You are offered a "contract" that will pay you $1 if it rains tomorrow and $0 if it doesn't. Suppose there is a 75% chance of rain tomorrow. You are offered a "contract" that will pay you $1 if it rains tomorrow and $0 if it doesn't. Question 4 What is the expected (average) value of the contract's payout in dollars?
You are a CEO of a very large health technology firm. You just completed a lucrative $5 bilion deal with a frm in Singapore. Your assistant had to purchase an airline ticket for you to fly to close the deal with a large ceremony in Singapore. There were no available seats on any of the airlines. Your assistant was able to find a business class ticket for $4OK. You told her to purchase the ticket right away since the deal was so important. Giving up the ticket would mean to give up the lucrative deal. In the aircraft, you started having some conversation with a gentleman from Texas sitting next to you in the business class. You learned that he paid only $3K for his ticket and he was traveling for a wedding of his buddy. He purchased his ticket almost a year ago since the wedding was already planned. You then remembered about your college economics professor. In your mind silently you thanked your professor for teaching the economic concepts to make sense of the many situations…
In terms of employee dismissal/firing, what does just cause require?
Healthcare fraud and abuse account for millions of dollars in unnecessary expenses. Research a current (3 years old or less) journal article or news story regarding medical coding or healthcare fraud and abuse (as an alternative you may choose to research an article on ways Medicare acts to combat healthcare fraud and abuse).
please provide explanation. answer is incorrect
Put yourself in the shoes of the Egyptian Government. The country is already suffering from severe water shortages. In the future, the number of people needing water is going up drastically and the amount of water available will decrease once the dam in Ethiopia is finished. What actions does the government have available? Come up with three options. Discuss the cost/benefits or pros/cons of each option. Evaluate the options and determine which one would be the best for the people of Egypt and their security.

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