That great good for you I hope this helps
Nash equilibrium is a set of strategies in which each player's strategy is considered as the best option for that player, based on the chosen strategy of their opponents.
<h3>What is a strategy?</h3>
A strategy refers to a set of guiding principles, actions, behavior, and decisions that a player strategically combines, so as to successfully achieve his or her goals, objectives, and possess a competitive advantage over opponents.
In game theory, it should be noted that Nash equilibrium is a set of strategies in which each player's strategy is considered as the best option for that player, based on the chosen strategy of their opponents.
Read more on Nash equilibrium here: brainly.com/question/17515037
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Answer:
The right answer minimum number of $5 cetificates that each nephews and nieces will get is 2 and maximum number of $5 certificates that each will get is 4.
Explanation:
The minimum number of $5 certificates that each nephews and nieces will get is 2 because he can add $25 + $10 = $35 , he has now capacity of $20 ($55 - $35) in which he can add one more $10 the he must have to add 2 of $5 certificates.
The Maximum number of $5 certificates he can give is 4 because again when he adds every certificate once he has capacity of $20 ( $55 - $25 - $10). He can now add 4 * $5 = $20 so he can get $55.
