Game Theory N-person simultaneous game question Please help with explanation and step by step answer Thank you so much

Q: Write the net present or future worth expression?

A: The Net present value is the present value of a future sum of the money in the economy. The net…

Q: What does VAT mean

A: Value added tax is imposed on the goods during the value addition of the goods.

Q: What are the factors affecting a family's desire to have children? Discuss each.

A: Under development economics, we see there are a lot of factors that affect the decision to have…

Q: Write brief notes on the following indicating their usefulness on information work ; Primary…

A: Economics is the study of that branch where individuals, governments, businesses and the societies…

Q: what is the meaning of a research instrument

A: The word "research instrument" refers to any device you may employ to gather, measure, and analyse…

Q: Jenny wishes to double her financial fund and the bank gives her 8% rate of interest annually, how…

A: Here, Jenny deposited its money in a financial funds at the annual interest rate of 8% and she wants…

Q: What impact do small business owners have on the country’s economy?

A: The objective of this question is to understand the role and impact of small businesses on a…

Q: Does reducing purchasing power of a consumer decrease inflation in the economy?

A: Cost increases for virtually all goods and services in the economy are referred to as inflation.…

Q: Why is VAT a good thing?

A: VAT stands for Value Added Tax. It is charged at each stage of production for commodities on which…

Q: What is the benefit of a close economy. Explain in detail.

A: A closed economy is an economic system that has no trade, investment, or money flow interactions…

Q: why it is less likely to people to migrate from urban to rural?

A: Migration is an economic process where people move from a city/place to another in search of better…

Q: Short term savings and loans are part of what

A: Financial Market generally in an economy is characterized as – Money Market and Capital Market…

Q: What's the meaning of income

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: Repayment of loan with interest is a capital expenditure True/False

A: # The upgradation for maintenance of physical assets is counted as capital expenditure.

Q: What is inflation tax?

A: Inflation Tax – The inflation tax is the financial loss of value suffered by holders and fixed…

Q: How do you calculate personal income before or after taxes?

A: Understanding how to determine the pre-tax income is critical when computing income tax returns or…

Q: Q:7 a,b and c

A: We are going to solve for Pure Strategy Nash Equilibrium to answer this question.

Q: What is private income

A: Domestic income has to segments, firstly it includes the value of income from domestic product…

Q: What is the lower present value product?

A: The present value is the current worth of a stream of future cashflows given a certain return rate.…

Q: Should income from illegal activity/sources be as part of gross income?

A: INTRODUCTION  The issue of the tax collection from illicit source pay might appear to be far off,…

Q: What will be the Savings given that income is $3200 and APS is 0.48

A: The data presented in the question above is:- Income = $3200 Average propensity to save = 0.48…

Q: What are commercial loans?

A: Loan is a type of debt instrument in which a sum of money is borrowed by an individual or a firm…

Q: What type of Economy is Oman?

A: There are three types of economy which are in existence and these are socialist or command economy,…

Q: Explain IMF IN DETAIL

A: IMF stands for International Monetary Fund.

Q: How is saving important?

A: Saving: - Saving is that part of income that is not consumed or kept as reserves by the people in an…

Q: What was the maximum change in GSP from the government spending

A: Keynesianism has made strides in its ability to solve economic downturns by government intervention,…

Q: What are the different types of investmen

A: Investment is the new expenditure on physical assets such as machines, buildings, tools and…

Q: How to analyze the rate of interest?

A: The interest rate is the percentage of the amount paid by the borrower to the lender in a given…

Q: OECD's Better Life Index what stands out the most

A: A multinational organization, the OECD has 38 member countries. aims to increase social stability,…

Q: Why is it important to begin saving for the future at a young age? o to make it so you can blow all…

A: Savings is that part of income which is not consumed and kept aside for use in the future.

Q: Four things that can indicate improvement in the standard of living in a country

A: Standard of living is the level of comfort, necessities, material goods, and wealth available to the…

Q: The value of savings is $390 and income is $650 Calculate APS

A: The information given to us:- Savings of household = $390 Income of household = $650 We have to find…

Q: What is considered normal and expected about the way people do things in a specific country.

A: The economy involves all the functioning of the financial institutions along with the several…

Q: What is business circle?

A: The fluctuation in the economic activity is tracked by the business cycle or circle. In an economy,…

Q: compare the rates of home loans from two different companies

A: If you are to compare the home loan rate of two companies, collect the necessary information like…

Q: What is a SIF?

A: A SIF is a form of Security investment fund that can invest in a variety of assets. It normally…

Q: what is household ?

A: ‘Household’ is an important factor of an economy. It is regarded as a unit. The consumption(C) of…

Q: What are the key taxes levied which can be collected by state, territory, and local government in…

A: There are the key taxes levied by which can be collected by the state government in Australia that…

Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.