Mexico and opec both produce crude oil. realizing that it would be in their best interest to form an agreement on production goals, a meeting is arranged and an informal verbal agreement is reached. if both mexico and opec stick to the agreement, opec will earn profits of $200 million and mexico will earn profits of $100 million. if both mexico and opec cheat, then opec will earn $175 million and mexico will earn $80 million. if only opec cheats, then opec earns $185 million and mexico $60 million. if only mexico cheats, then mexico earns $110 million and opec $150 million.
a. what is the dominant strategy for opec? b. what is the equilibrium in this game? c. now suppose mexico picks its strategy first and opec knows what it will choose. opec told mexico that in the event mexico cheats on the agreement, opec will cheat as well but if mexico does not cheat, neither will opec. now what is the outcome of the game?

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

What is a sales lead? a. an employee on the customer service team who deals with existing customers b. a sales person who works on a residual commission structure c. an expert in maslow's hierarchy of needs d. a potential customer who has shown interest in the company's product

On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was: