Suppose securitex is a small firm that has developed a new anti-theft device for automobiles. securitex currently sells its device online and earns profit of $1515 million per year. gm is considering installing securitex's system on its automobiles. the two firms first, however, must bargain over what price gm will pay securitex for its software. gm chooses how much to offer securitex for its system and then securitex chooses whether to accept the offer and install its system on gm's automobiles. the strategies and corresponding profits for gm (gm) and securitex (sx) are depicted in the decision tree to the right. profits are in millions, and gm's payoffs represent the additional profit it can earn on its automobiles with securitex's anti-theft system. what is the subgame-perfect equilibrium

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.