Explain how income and substitution affect savings decisions in opposing ways. Provide an example to support your argument with detail and integrating the concept of marginal propensity to consumer and marginal propensity to save. Explain what is meant by game theory and how it can help us understand strategic behavior; also how it relates to international trade and comparative advantage--be sure to include an example.

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During 2010, raines umbrella corp. had sales of $850,000. cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $110,000, and $140,000, respectively. in addition, the company had an interest expense of $85,000 and a tax rate of 35 percent. (ignore any tax loss carryback or carryforward provisions.) suppose raines umbrella corp. paid out $63,000 in cash dividends. is this possible

Calculations of cost and benefit are always which of the following? a. rational b. resourceful c. minimum d. subjective