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)
A, b, d, g are the answers in order
Answer:
45
Step-by-step explanation:
The n th term of a GP is
= a
where a is the first term and r the common ratio
Given a₂ = 6 and a₅ = 48, then
ar = 6 → (1)
a
= 48 → (2)
Divide (2) by (1)
=
, that is
r³ = 8 ( take the cube root of both sides )
r =
= 2
Substitute r = 2 into (1)
2a = 6 ( divide both sides by 2 )
a = 3
Thus
3, 6, 12, 24 ← are the first 4 terms
3 + 6 + 12 + 24 = 45 ← sum of first 4 terms
In order to solve for a nth term in an arithmetic sequence, we use the formula written as:
an = a1 + (n-1)d
where an is the nth term, a1 is the first value in the sequence, n is the term position and d is the common difference.
First, we need to calculate for d from the given values above.
<span>a1 = 38 and a17 = -74
</span>
an = a1 + (n-1)d
-74 = 38 + (17-1)d
d = -7
The 27th term is calculated as follows:
a27 = a1 + (n-1)d
a27= 38 + (27-1)(-7)
a27 = -144 -----------> OPTION D