Mclaren and red bull are competing for the formula one constructors' championship and are deciding whether to increase their spending on their aerodynamic (aero) development. the matrix below displays the payoffs to the team that result from each possible choice (note that the payoffs are not symmetrical due to other factors). assume that each team's goal is just to earn as many points as possible. does mclaren have a dominant strategy? if so, what is it? does red bull have a dominant strategy? if so, what is it?

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?