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Elza [17]
4 years ago
14

If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the s

ame as the payoff from using any of the pure strategies in it. If the statement is true try to reason why, if it is false find a counterexample.
Business
1 answer:
son4ous [18]4 years ago
8 0

Answer:

False.

Explanation:

The concept of "Nash equilibrium" is been by economist and also by "gamers" in game theory. Nash equilibrium is so good for making decisions and the determination of strategies.

In playing this game, the players or participants can use the pure strategy or the mixed strategy. The mixed strategy is the use of different strategies randomly.

"If a player chooses a mixed strategy in a Nash equilibrium, this implies that the payoff from using that mixed strategy is the same as the payoff from using any of the pure strategies in it".

The statement given above is FALSE because the PAYOFF WILL INCREASE IF WE ARE TO PLAY A MIXED STRATEGY.

For instance if we have a head of 1 and -1, and a tail of -1 and 1, the payoff for pure strategy is likely one or minus one but for a mixed strategy it could be zero.

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Well it depends on the situation
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3 years ago
Samwell Subaru, a Dallas based car dealership, delivers every month two different 6-month sales forecasts to manufacturing headq
KengaRu [80]

Answer:

"MSE (Mean Squared Error)" is the appropriate answer.

Explanation:

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4 0
3 years ago
An original equipment manufacturer refers to a firm that _____. a. both designs and manufactures products b. designs, manufactur
NISA [10]

Answer:

d. executes design blueprints provided by other firms and manufactures such products

Explanation:

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3 0
3 years ago
​Sarah, Jim, and Alex decided to form Super​ Company, LLC. Sarah contributed​ $5,000; Jim contributed​ $10,000; and Alex contrib
pychu [463]

Answer:

Th answer is: Jim is liable for Ronald´s injuries and Sarah and Alex are also liable but only to the extent of their ownership in Super Company, LLC.

Explanation:

Ronald can sue Jim for committing a negligent act (for hitting and injuring him). But he can also sue Super Company, LLC, because when the accident happened Jim was acting within the scope of ordinary business. That means that Sarah and Alex will also be liable but at a limited extent. Sarah will only be liable up to $5,000 and Alex will be liable up to $15,000 (the amount of money they contributed to create Super Company, LLC)

7 0
3 years ago
Ben gordon, inc. manufactures 2 products, wheels and seats. the company has estimated its overhead in the assembling department
k0ka [10]
The number of parts used for the wheels is,
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For the seats,
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From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000. 
8 0
3 years ago
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