(exercise 15.5) consider a variation of the television station broadcast game of exercise 4 in chapter 7. suppose the stations interact sequentially. first, mbc chooses between 6: 00 and 7: 00. then, after observing mbc’s choice, rbc decides between 6: 00 and 7: 00. finally, after observing the behavior of both mbc and rbc, cbc chooses either 6: 00 or 7: 00. payoffs are as given before. draw the extensive form of this sequential game and compute the subgame perfect equilibrium. is the outcome different from that in the simultaneous-play game? explain.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports

The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?