Answer:
Each player can adopt a T for T strategy or a trigg er strategy. It is important to state that these strategies were not possible in a one-time game.
The equilibrium is that both players answer honest and each makes normal profit.
Both games, the P risoners' dilemma and this game, have a cooperative equilibrium in the long term. If a player employs a trig ger strategy or a T for T strategy, they can reach the cooperative honesty/honesty outcome.
In a short term, game equilibrium is not likely due to lying is more profitable than answer honestly deploying stated strategies.
Reference: NomCab HSEONE. “PS8- solution.” Academia , 2019.
Answer:
Explanation:
a. In a regression equation expressed as y= a + bx, how is the letter b best described?
Here, b is the slope and best described as the estimate of the cost when there's a visit of an additional customer.
b. How is the letter y in the regression equation best described?
The letter y is the observed store cost for that particular month.
c. How is the letter x in the regression equation best described?
The letter x is the observed customer visit for that particular month.
d. Based on the data derived from the regression analysis, what are the estimated costs for 370 customer-visits in a month?
The estimated cost for 370 customer visit will be:
Y = a + bx
where,
a =$1496
b = $2.08
x = 370 customer visit
Y = $1496 + ($2.08 × 370 customer visit)
= $1496 + $769.6
= $2265.6
e. What is the percent of the total variance that can be explained by the regression equation?
The percent of total variance which the regression equation explain will be:
R2 = 0.86814 or 86.814%
I believe the answer is: Increasing taxes would place an unnecessary hardship on the citizens and should be avoided
Argumentative essay refers to a type of essay that is created in order to convince other people to adopt a certain idea or opinion. Appropriate style for an argumentative essay usually include clear correlation on how a certain action or choice would resulted in a certain situation/results , just like the sentence above.
Answer:
The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.
Hope this helps!
Answer:
<u>January:</u>
Sales revenue= $14,000
<u>February:</u>
Sales revenue= $10,000
Explanation:
Giving the following information:
Sales:
January= 7,000 units
February= 5,000 units
Selling price= $2
The sales revenue reflected in the sales budget is the result of multiplying the number of units sold with the selling price.
January:
Sales revenue= 7,000*2= $14,000
February:
Sales revenue= 5,000*2= $10,000
