Answer:
A strictly dominant action produces: a higher payoff than any other action the player can use for every possible action of the other players.
Explanation:
A strictly dominant action does not play fair. Here, there is no equality because strict dominance requires all payoffs to be strictly greater.
A strictly dominant strategy is that strategy that always provides greater utility to a the player, no matter what the other player's strategy is.
A rational player will avoid a strictly dominated counterpart because if his opponent uses strictly dominated action he will be come out worse off regardless of which moves other players make.
Answer:
Technology is defined by how people use scientific knowledge, and not only does scientific knowledge constantly change, but the way we use it is also constantly changing.
Emerging technologies refers to a new technology or technological innovations. The problem is that what can be considered new and how fast will it become obsolete? Our world is changing so fast, that current technology will be obsolete in just a few months, or maybe a year from now.
Because new technologies become old too fast, it is very difficult to identify them before they are no longer an innovation. Only those technologies that become mainstream can be clearly identified as emerging technologies, e.g. the iPhone was considered an emerging technology in 2007 and even though the first iPhone is obsolete now, it became mainstream technology.
Option D. The size of the market
This is because they have an idea that with a larger market size the can gain economies of scale and make a larger profit.
Capital is a way of having land and labor to be involved for
production. In the given scenario above, the catapult and rock would be a
capital since it is needed to be made by people in order to gain something or
it is used for production.
D.All of the above
Because all of the above will cause it
