Firms a and b can conduct research and development (r& d) or not conduct it. r& d is costly but can increase the quality of the product and increase sales. the payoff matrix is the economic profits of the two firms and is given above, where the numbers are millions of dollars. a's best strategy is to not conduct r& d regardless of what b does.
a) conduct r& d only if b conducts r& d.
b) conduct r& d regardless of what b does.
c) conduct r& d only if b does not conduction r& d.

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.