Answer:
Step-by-step explanation:
Determine the best response of each player to each of the other player’s actions; plot them in a diagram and thus find the Nash equilibria of the game.
The best response for player 2 can be stated as:
(where X1 equals the dollar that a person names and Y2(X1) being the amount the person receives)
X1 Y2(X1)
0 10
1 9,10
2 8,9,10
3 7,8,9,10
4 6,7,8,9,10
5 5,6,7,8,9,10
6 5,6
7 6
8 7
9 8
10 9
Th best responses for player 1 would be the same.
Nash equilibria is the set of strategies that every person forms given no person has any incentive to change. Hence, we can say that there are 4 Nash equilibria: (5,5) , (5,6) , (6,5) , (6,6)
Y = 16.. If you are solving for Y then the answer is 16. Unless you didn't post the whole question, then I believe that is your answer.
Hello!
The formula for the perimeter of a rectangle is:
A = 2l * 2w
Since we already have the width, we must multiply that by two (because there are two pairs of equal sides in a rectangle) and subtract that from the perimeter to find the length.
4 + 4 = 8
26 - 8 = 18
18/2 = 9
So, the length of Lisa's flower garden is 9 ft.
x = the unknown number
nine <u>times</u>(multiplication) a number(x) divided(division) by 2 equals(=) 54,
so 9x is divided by 2
