Answer:
Explanation:
I will give a basic hint to understanding this problem
Prevailing technique or what is best known as "Dominant Strategy" is an activity profile that is best for a specific player review of what different players are picking. for this situation there is no prevailing procedure for any player on the grounds that there is no single activity profile that expands the result for any player.
So we can say from this observations that the following is valid;
- A doesn't have a dominant strategy
- B doesn't have a dominant strategy
There are two Nash equilibria for this situation. Both the organizations are charging a low cost and both the organizations are charging a significant expense.
As such they can augment their benefit given what the adversary is doing.
I hope this explains the observation seen.
cheers I hope this helps
Answer:
The opportunity cost is $7.
Explanation:
The opportunity cost involved in a decision is the cost of sacrificing its second-best alternative.
A college student could babysit her professor's child at an hourly wage of $7; she could work at the college library at a wage of $6; or she could finish her economics homework assignment.
If she decides to finish her assignment she is letting go wage of $7 and $6. Here, the second-best alternative is $7, so it is the opportunity cost.
Answer:
A Medical loan because of Ralph's medical bills
Answer:
Explanation:
The most likely reason for Walmart to support this technology is that it will allow them to track and process items from their suppliers at a much more efficient rate. Since RFID technology uses radio waves to read and capture information stored on a tag attached to an object, providing a unique identifier for an object. These unique tags allow each individual item to be tracked throughout the whole process from supplier to warehouse to client. Thus preventing losses and reducing costs.