I think it is Marcus Coloma
Explanation:
I hope this helps
Price elasticity is the measure of change in the demand of quantity to the price change.
<u>EXPLANATION: </u>
Price Elasticity can be divided as elastic, inelastic and unitary, depending on the relation between quantity and price.
Elastic demand: When the demand changes but is greater than the change in price, then the product is elasticity in nature. The goods that are not of basic necessity are usually elastic.
In-elastic demand: When the demand change is lower than the change in price, then the product is in inelastic demand. Products that are of basic necessity are inelastic ones.
Unitary demand: A product is in unitary demand when the price change doesn't change the product's demand. An example of Unitary demand is medicines.
Answer:
In a simultaneous move game, <u>each player has to make his choice after knowing his rival´s choice. </u>
Explanation:
The Nash equilibrium theory is about a competitive but more equal way of playing a game. It is about how to think a best move taking into consideration the other players moves. This means that for the game to happend ther is a need of more than one player, it is about planning a strategy according to the others players movements. This principle is present in differnt games.
Answer: I think the Gilded Age and the Progressive Era change our country after Reconstruction by having the increase of production of iron and steel rising dramatically in the western as well like lumber, gold. The Progressive brought a lot urbanization to America demanding jobs and expansion to the west. Industrialization as well was a big factor for those who migrated providing jobs. Those who left west were granted land if they were able to maintain the land. Political machines as well to stop corruption that was lead from the Gilded Age with the monopolies and steel factories.
