Answer:
The correct answer is option c.
Explanation:
Prisoner's dilemma is a common concept in the game theory. It shows why two rational individuals will not cooperate. Two prisoner's have the choice to cooperate with each other and remain silent or blame the other.
The Nash equilibrium for both the payers here will be to betray each other. But this will incur cost on both of them. If the players could cooperate with each other, they would not agree to this.
Answer:
320 Investments—Debt and Equity Securities
10 Overall
25-4 Recognition
Solving the dilemma of making infinity computers competitive. Infinity's computers produces notebook computers which are not significantly different from their competitors. The major weakness of the firm is that they have too many employees and they are only relying in just one product.
What a interesting question but,
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Into The Night Diamond Shimmer,
Japanese Cherry Blossom Diamond shimmer Mist,
Gingham Diamond Shimmer Mist.
Answer:
A. the double coincidence of wants problem.
Explanation:
Trade by barter involves the exchange of goods and services for goods and services without the use of money as a medium of exchange. In barter system, there is what we call double coincidence of wants. This is the economic situation whereby both parties holds what the other wants to buy, so they exchange the goods directly. Here, both parties agrees to buy and sell each other commodities. However, if one of the party is not interested in what the other party is offering, it causes a disruption in the trade. This disruption refers to a drawback in the system like the example described in the question.
Here, Andy couldn't make a deal with Danny even tho he wants what Danny is offering. This is because what Danny isn't interested in what Andy is offering. Thus, the double coincidence of want and barter trade can't occur between the two parties.