Option C
This practice is an example of: anchoring
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Explanation:</u></h3>
Anchoring is the effectiveness of unrelated knowledge, such as the acquisition cost of safety, as a reference for estimating or predicting an unknown value of a financial means. Anchoring can be prompt with applicable metrics, such as valuation multiples.
During decision making, anchoring transpires when individuals use a fundamental piece of information to obtain consequent judgments. Once an anchor is established, other judgments are formed by adjusting incessantly from that anchor, and there is a preference proceeding evaluating other information encompassing the anchor.
Answer:
The explanation of this question is given below in explanation section
Explanation:
Minimax
Minimax will work as usual if it’s set up right. We’ll be backing up a vector of evaluations and at each level the player will choose what is best for him, even if it is also good for the other player. Thus if we assign increasingly positive values for states increasingly better for Max and increasingly negative values for states increasingly better for Min, then minimax will work unmodified. If both players have increasingly positive values, each player just picks the maximum value, so it’s a “maximax” algorithm.
Alpha-beta algorithm
However, alpha-beta pruning will not work because built into it is the idea that what’s good for max is bad for min – for example min won’t let max go down a path since min can force something worse, so max knowing this doesn’t have to explore that path. But without zero-sum assumption, the same state could be good for both min and max; you can’t assume that just because max likes it that min won’t, and vice versa.
Insurance premiums, entrance fees, train fares, and organization dues are all examples of price.
<h3>What is price?</h3>
Price is the amount of payment or compensation given by one party to another for a good or service. In some situations, the price of the product has a different name. If an item is a "commodity" in a commercial exchange, the consideration paid for that item is likely to be called its "price."
There are many other types of price. Some of them, like the threshold price, are conceptual. Others relate to the timing of a potential deal or the relative strength of the buyer and seller. However, they all ultimately have something to do with the spot price.
To learn more about price, refer;
brainly.com/question/19091385
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Answer:
Consider a Caribbean cruise route served by two cruise lines, Carnival and Royal Caribbean. Both lines must choose whether to charge a high price ($320) or a low price ($300) to vacationers. These price strategies with corresponding profits are illustrated in the payoff matrix to the right. Carnival's profits are in red and Royal Caribbean's are in blue. Suppose the cruise lines decide to collude. At which outcome are joint profits maximized?
Joint profits are maximized when Carnival picks $320 and Royal Caribbean picks $320.
Explanation:
When Carnival picks $320 and Royal Caribbean picks $320, then joint profits are maximized.
Nash equilibrium would exist only when Royal chooses $300 and the carnival chooses $300.
However, if both Carnival and Royal Caribbean charge a lower price, both of them can earn a higher profit.
Answer:
5300
Explanation:
assets=equitys +liabilities