Change the Following Percent to a Decimal

question 36

Multiple Choice

Change the following percent to a decimal.
180%

• A) 180
• B) 1.8
• C) 0.018
• D) 0.18
• E) 18

Understand and apply the concept of reaction functions in the context of duopoly competition.

Analyze the impact of cost structures on firms' strategic decisions and market outcomes.

Evaluate the role of marginal costs and demand elasticity in determining firms' profits and competitive strategies.

Understand the concept of Nash equilibria in game theory and its applications.

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Definitions:

Contract Between Partners

A legal agreement that outlines the rights, responsibilities, and share of profits/losses among partners in a partnership.

Distribution Of Remaining Cash

The allocation of left-over cash to shareholders or for other corporate purposes after settling all obligations and investments.

Liquidation

Liquidation is the process of selling off a company's assets to pay off its debts and liabilities, typically occurring when a company is insolvent or ceasing operations.

Mutual Agency

A principle of partnership where each partner is both an agent and a principal, legally authorized to make business decisions and transactions that can bind the partnership.