Business, 13.08.2021 05:00 HOTaco2181

You and a classmate are assigned a project on which you will receive one combined grade. You each want to receive a good grade, but you also want to avoid hard work. In particular, here is the situation: â¢ If both of you work hard, you both get an A, which gives each of you 25 units of happiness.
â¢ If only one of you works hard, you both get a B, which gives each of you 15 units of happiness.
â¢ If neither of you works hard, you both get a D, which gives each of you 5 units of happiness.
â¢ Working hard costs 15 units of happiness.
Complete the following payoff matrix given the previous information. In each cell, your classmate's payoff is on the left and yours is on the right.
Your Decision
Work Shirk
Classmate's Decision Work
Shirk
The likely outcome is that your classmate_and you.
If you get this classmate as your partner on a series of projects throughout the year, rather than only once, you arelikely to engage in cooperation.
Another classmate cares more about good grades: He gets 60 units of happiness for a B and 95 units of happiness for an A.
Complete the following payoff matrix, assuming you have this classmate as a partner.
Your Decision
Work Shirk
Classmate's Decision Work
Shirk
The likely outcome in this case is that your classmate_and you.
You would prefer theclassmate as a partner, and hewant you as a partner.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 17:40

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:

Answers: 1

Answer

Business, 22.06.2019 19:50

Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?

Answers: 1

Answer

Business, 22.06.2019 20:30

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection

Answers: 1

Answer

Business, 22.06.2019 22:20

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million.a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.

Answers: 3

Answer

You know the right answer?

You and a classmate are assigned a project on which you will receive one combined grade. You each wa...

Questions