Goal displacement, satisficing, and groupthink are the<u> advantages of </u><u>group decision-making.</u>
Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.
During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.
Some of the advantages of the <em>group decision-making</em> include goal <em>displacement, satisficing</em>, and groupthink.
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Answer:
The market of good X will experiment a decrease of 50 units in the untis available as will drop to 100 units from 150
Explanation:
Price Qd Qs
10 220 90
<em>11 200 100</em>
12 180 130
<em>13 150 150</em>
14 120 190
15 80 260
At a celling of $11 dollars the people would demand for 200 untis but suppliers will only be willing to produce and sell 100 untis.
The equilibrium price of $13 match for 150 units
Therefore,the decrease will be 50 units
There is nothing that is following your question.
Answer:
Explanation:
Player 1
If Player 1 chooses strategy A
then the player 2's best outcome of 23 comes from strategy C.
If Player 1 chooses strategy B
then the player 2's best outcome of 26 comes from strategy C.
Player 2
If Player 2 chooses strategy C,
then the player 1's best outcome of 14 comes from strategy B.
If Player 2 chooses strategy D
then player 1's best outcome of 14 comes from strategy A.
If Player 2 chooses strategy E
then player 1's best outcome of 20 comes from strategies A and B.
If Player 2 chooses to strategy F
then player 1's best outcome of 22 comes from strategy A.
Hence, the better off play of both player is as follow
- Player 1 plays strategy B
- Player 2 plays strategy C