Answer:
Best response for Kate
If Hubert chooses left, Kate would have to choose Right so that Kate can make a payoff of 5.
If Hubert chooses right, Kate would still choose right to make a payoff of 5.
Best response for Hubert
If Kate chooses left, Hubert would choose Left to get a payoff of 8.
If Kate chooses right, Darnell would choose right so as to make a payoff of 6.
The dominant strategy is the one that a player can pick regardless of the action of the other play.
<h2><em>The only dominant strategy in this game is for </em><em>
<u>Kate</u></em><em> to choose </em><em><u>
right.</u></em></h2>
Kate will choose right regardless of what Hubert does because it will give the higher payoff. This is the dominant strategy.
<h2><em>The outcome reflecting the unique Nash equilibrium in this game is as follows: Hubert chooses </em><em>
<u>right</u></em><em> and Kate chooses </em><em>
<u>right</u></em><em>.</em></h2>
Kate will always choose right which would prompt Hubert to pick right as wel as as to make a payoff of 6.
Answer:
The correct answer is a. an inadequate infrastructure.
Explanation:
An infrastructure is the set of elements or services that are considered necessary for an organization to function or for an activity to develop effectively.
On the other hand, the infrastructure is the material basis of a society and the one that will determine the social structure, development and social change of the same, including in these levels the productive forces and the relations of production that occur therein.
Answer:
The quantity of labour demanded increases ad production increases
Explanation:
When price level rises and the money wage rate stays the same, the real money wage rate falls. This makes it cheaper for firms to hire labour. As a result, their demand for labour increases and this leads to an increase in production.
Answer:
true
Explanation:
Communication helps understanding people better removing misunderstanding and creating clarity of thoughts and expression.
Answer:
$3080
Explanation:
Calculation to determine what the amount of salaries earned but unpaid at the end of the accounting period is:
Salaries earned but unpaid at the end of the accounting period =3850-$770
Salaries earned but unpaid at the end of the accounting period =$3080