Suppose the game is infinitely repeated, and the interest rate is 10%. if both firms stick to this agreement, then the present value of firm a’s payoff from not cheating: a. 220b. 110c. 330d. 550ans: a18.what is the present value of a’s payoff from cheating? a. 70b. 50c. 30d. 20
the answer is d
typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.
i hope this you! : )
answer; closing the loop;