Business, 25.06.2019 04:40 elissadiaz15

Scenario: two factories dump their waste in a river. this has led to the contamination of the water, which is also used by the factories in their production processes. the matrix shows the profits of the two firms based on their respective decisions to dump their waste in the river. note that each firm's choice affects the other firm's profit. the first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player. what is the equilibrium outcome in this case? a. neither of the firms will dump its waste into the river. b. firm 2 will dump its waste into the river, and firm 1 will not dump its waste. c. both firms will dump their waste into the river. d. firm 1 will dump its waste into the river, and firm 2 will not dump its waste.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 22:50

What happens when a bank is required to hold more money in reserve?

Answers: 3

Answer

Business, 22.06.2019 09:40

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Answers: 1

Answer

Business, 22.06.2019 19:00

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is

Answers: 2

Answer

Business, 22.06.2019 21:00

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?

Answers: 2

Answer

You know the right answer?

Scenario: two factories dump their waste in a river. this has led to the contamination of the water...

Questions