subject
Business, 28.01.2020 19:41 angie7665

Two bookstores are competing for customers. both bookstores can decide to offer discounts to attract more customers. bookstore-a has a 30% probability of offering a discount. the probability that bookstore-b will offer a discount is unknown, and is represented by p. the payoffs for the bookstores depending on whether discounts are offered are listed as follows. bookstore-a finds that the expected payoffs are the same whether the discount is offered or not. bookstore-b also realizes that its expected payoff is identical whether the discount is offered or not.
find payoff value x and probability level p.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:40
Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000
Answers: 3
question
Business, 22.06.2019 03:00
How does having a flexible mind you become a better employee? a. it you become more honest toward work. b. it you become a team player. c. it you learn new things that will better your performance. d. it you to finish your work on time. e. it you reach work on time
Answers: 1
question
Business, 22.06.2019 11:30
1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect
Answers: 2
question
Business, 22.06.2019 12:00
Describe the three different ways the argument section of a cover letter can be formatted
Answers: 1
You know the right answer?
Two bookstores are competing for customers. both bookstores can decide to offer discounts to attract...
Questions
question
Mathematics, 25.04.2021 22:40
question
Mathematics, 25.04.2021 22:40
question
Mathematics, 25.04.2021 22:40
question
English, 25.04.2021 22:40
question
Mathematics, 25.04.2021 22:40
question
Arts, 25.04.2021 22:40
Questions on the website: 13722362