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.
Hey there!
The first step of this problem would be to add together our two percentages, then convert that percentage into a decimal by dividing by 100.
15% + 7% = 22%
22 ÷ 100 = 0.22
It can be assumed here that 22% of the cost will be added tax and tip. We can use 0.22 to represent that percentage in our problem. Just multiply that decimal by the maximum amount of money they want to spend, $60, to get the amount that will just be tax and tip. Finally, subtract the tax and tip from $60 to find the most they can spend on the meal itself.
60 × 0.22 = 13.20
60 – 13.20 = 46.80
The total amount they can spend is 46.80.
Hope this helped you out! :-)
Answer:
C
Steps
The A equation is impossible (even if it looks like solvable with quadratic formula)
Have a good day
<h2>
Translating Word Equations into Numerical Equations</h2>
To change words into equations, we can recognize keywords that translate into operations and/or numbers:
- <em>quotient</em> = divide
- <em>a number/the number/two numbers</em> = variables
- <em>sum</em> = add
<h2>Solving the Question</h2>
Let the two numbers be <em>a</em> and <em>b</em>.
We're given:
- quotient of <em>a</em> and <em>b</em> is 3
⇒ 
- sum of <em>a</em> and <em>b</em> is 8
⇒ 
First, isolate <em>a</em> in the first equation and substitute it in the second equation to solve for <em>b</em>:
Therefore, one of the numbers is 2. Substitute this into one of our equations to solve for <em>a</em>:
Therefore, the other number is 6.
<h2>Answer</h2>
The two numbers are 2 and 6.
X percent = x/100
10 percent = 10/100 = 0.10
10% of $40 = 0.10*40 = 4
You save $4
The old price is $40 and changes to $36 after the discount is applied. This is ignoring any taxes or other surcharges
Anyways I'm going a bit off tangent. The final answer is choice B) $4
