Boston Corporation is planning to purchase a new machine for $4,000,000. The company expects to reduce the product’s variable costs of labor and maintenance by $5.50/unit and $0.95/unit. The manager estimates that 500,000 units of the product will be manufactured and sold each year with a product life cycle of two yeas, at which time the machine will be discarded with no residual value.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

Under t, the point (0,2) gets mapped to (3,0). t-1 (x, y) →

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells. b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities. c. two superpowers decide whether to build new weapons or to disarm. d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society