Two animals are fighting over some prey. Each can choose one of two stances: passive or aggressive. Moreover,

a. Each prefers to be aggressive if its opponent is passive, and prefers to be passive if its opponent is aggressive;
b. Given its own choice, each animal prefers the outcome when its opponent is passive to the outcome in which its opponent is aggressive.

Choose your own payoff numbers to formulate the interaction as a matrix game and find its Nash equilibria.

Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}