Answer: EMPATHY
Explanation: Empathy can be defined as the ability of an individual to understand the feelings of other individuals. It is the capacity of experiencing the difficulties that the others are facing.
In the given case, Emily works in an orphanage and believes what she do is important. Emily understands the feeling of loneliness that those orphan children experiences even though she is not an orphan herself. Hence , we can conclude that she is reflecting empathy.
Answer:
B. Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff.
Explanation:
Seeking the opinions of venture capitalists, research academics, and passionate internal engineering staff is a way to recognize potentially disruptive innovations.
Answer:
E. the demand curve, and the inverse demand curve can be calculated from it.
Explanation:
A demand function helps to show the relation between quantity demanded and price, the price here is the quantity is a function of price. So, writing the function in other way round, the price which is a function of quantity demanded is called as an inverse demand function.
As per the details given in the question above, it is clear that the quantity is a function of price. The prices on the menu varies and the quantity demanded is determined through various prices. Using this a demand function can easily be computed since quantity is a function of price.
Answer:
See explaination
Explanation:
a) A dominant strategy is the strategy a player chooses irrespective of the strategy chosen by the other player.
When Rina chooses Left, Musahi chooses Right as this gives higher payoff (7 > 4).
When Rina chooses Right, Musahi chooses Left as this gives higher payoff (6 > 3).
When Musahi chooses Left, Rina chooses Right as this gives higher payoff (8 > 6).
When Musahi chooses Right, Rina chooses Right as this gives higher payoff (7 > 5).
So, the only dominant strategy is for Rina to choose Right.
(b) In a Nash equilibrium, the players decide their strategies keeping in mind the reaction of the other strategy.
Here, this is: Musahi chooses Left & Rina chooses Right (payoff: 6, 8).
