Answer:
a. The two players playing the game
b. No dominant strategy
c. No equilibrium
Step-by-step explanation:
a. The players are the two people playing the game of matching pennies
The strategy of the players are to meet the conditions of them keeping the pennies by having either heads or tails
The payoff of the game are as follows;
Player A keeps the two pennies when the outcome matches
Player B keeps the two pennies when the outcome does not match
The payoff of the game are as follows;
Player A
Head Tails
Player B Head 1, -1 -1, 1
Tails -1 1 1, -1
Where:
x, y
x = Player A
y = Player B
1 = Getting to keep the two pennies
-1 = Losing a penny
b. There are no best strategy because the game is one of chance whereby the result of the strategy of one player depends on the side of the penny facing up by the other player.
c. There is no equilibrium as the possible outcomes are equal hence the outcomes can be even or one sided.
The answer is b. Ordered pairs
Answer:
$60
Step-by-step explanation:
0.80 x 75 = $60
Answer:
x = 18
Step-by-step explanation:
Given two intersecting chords inside a circle, then the product of the parts of one chord is equal to the product of the parts of the other chord, that is
7x = 21 × 6 = 126 ( divide both sides by 7 )
x = 18
The decimal is: 0.791666667<span>The rounded decimal is: 0.8</span>
