. In each of the following games: identify whether the game is sequential or simultaneous and why [1.5 points]; identify the players [2 points]; identify the actions of each player [2 points]; draw the game using the appropriate game structure [4 points] and putting in values for the payoffs that reflect the preferences of the players [3 points]. a. Consider a situation with a police officer and a driver. The police officer is deciding whether or not to monitor traffic to catch speeders. If the driver speeds, she would prefer to monitor traffic as she gets credit for giving the driver a ticket, but if the driver doesn’t speed, she prefers to play on her phone and not monitor traffic. Without knowing what the police office decides to do, the driver is deciding whether or not to speed. The driver prefers to speed unless the police officer is monitoring traffic, as that would lead to a speeding ticket.

i. Sequential or simultaneous and why [1.5 points]:

ii. Players [2 points]:

iii. Actions of each player [2 points]:

iv. Draw the game [7 points]:

b. Two companies, Alderon and Zelberon, have developed a new product and are deciding whether or not to enter the market for this product, and if so whether to price high or low. Alderon decides whether to enter and whether to price high or low. Then Zelberon, knowing whether Alderon entered but not which price they chose, decides whether to enter and, if they enter, whether to price high or low. For both companies, they prefer pricing high to pricing low, and prefer pricing low to not entering when the other company doesn’t enter; they prefer not entering to pricing low, and pricing low to pricing high when the other company prices low; and the prefer pricing low to pricing high, and pricing high to not entering when the other company prices high.

i. Sequential or simultaneous and why [1.5 points]:

ii. Players [2 points]:

iii. Actions of each player [2 points]:

iv. Draw the game [7 points]:

 

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In each of the follwing independent situations, determine the corporation’s income tax liability. Assume that all corporations use a calender year and that the year invovled is 2010. Show computations32,000280,000335,0004,335,00020,000,000

6750281Corporation’s Income tax liability for the year 2010 –Federal Tax liabilityA Corp. –Taxable income – $32,000Tax liability – @15% for income < $50,000 = 15% on $32,000 = $4,800…

 

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In each week of this course, you will research and select three (3) peer-reviewed, scholarly sources to develop an annotated bibliography that you can use in your Doctoral Study. You will need to take the three sources and synthesize the references into a single narrative annotated bibliography that compares/contrasts or supports your study. For example, you may develop three references that will fit into the Nature of the Study (or any other component) and then the synthesized version will help you in developing your Prospectus/Proposal. 

Post your synthesized annotated bibliography narrative that includes an explanation of how these references relate to one or more components of your Doctoral Study

 

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 In early 2014, China decided to cancel the 1.2 million ton rice import contract with Thailand. Using demand and supply analysis, answer the following questions with supporting graphs.

   What will be the effect of the cancellation of the import contract on the equilibrium price and quantity of rice in Thailand?

 

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