Answer: Dan would likely respond to a high or low pricing strategy.
Explanation: A pricing strategy is a plan used to determine the price and maximize profits of a commodity either as a single unit or as the general commodity in the market.
Dan has been known to be sensitive to the price of goods will definitely respond if the prices are high or low because he'd be up to date with what the prices should be
Prisoner's dilemma - is a two-person scenario in which (1) Player A stands to benefit more from a transaction by acting selfishly toward Player B if B offers to collaborate, and vice versa; but, (2) A and B together might obtain a bigger total payoff by collaborating than by acting selfishly in both cases. The typical result of a Prisoner's Dilemma is that both players act selfishly, which results to a poor decision for both.
With this system, one may strike a balance between rivalry and competitive for the benefit of all parties.
According to game theory, a situation where two players act selfishly would ultimately lead to a poor decision or getting smaller rewards for both is known as a prisoner's dilemma. The prisoner's dilemma also demonstrates the fact that sometimes, collaboration is not the best course of action.
To learn more about Prisoner's dilemma, refer
brainly.com/question/22597804
#SPJ4
If you're about to buy furniture and plan on financing some or ... Also, you often get what you pay for. .... a lack of funds for a down payment, or their credit profile is not ... All rent to own agreements should provide the monthly ...
It talks about it is the realy body and blood of jesus christ
Zoey has learned this concept of conservation. It refers to the logical thinking ability that enables a person to determine that a certain quantity will remain constant despite changes in the container, shape, or apparent size.
More about conservation theory:
The third stage in Piaget's theory of cognitive development is the concrete operational stage. This stage lasts from seven to eleven years and is marked by the development of organised and rational thinking.
Because it marks the beginning of logical or operational thought, Piaget (1954a) considered the concrete stage to be a major turning point in the child's cognitive development. The child is now old enough to use logical reasoning or operations.
Conservation is the understanding that something's quantity remains constant even if its appearance changes. This can apply to things like volume, number, and area.
To be more specific, conservation is the understanding that redistributing material has no effect on its mass, number, volume, or length.
Learn more about concrete operational stage here:
brainly.com/question/16460917
#SPJ4
