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A "properly mixed strategy" means a mixed strategy that does not assign all the probability to one pure strategy. In other words, it is not a pure strategy. Consider a simultaneous move game with the following payoff matrix:
Player 2
L
R
Player 1
A
4, 0
0, 3
B
2.5, 0
C
1, 1
a) Is pure strategy C strictly dominated by any other pure strategy of player 1? If so, write one out. If not, explain.
b) Is pure strategy C strictly dominated by any proper mixed strategy for player 1? If so, write one out. If not, explain.
c) Is pure strategy C a best response to some mixed strategy of player 2? If so, write one out. If not, explain.
Examine the factors that influence a country s exchange rate. Suppose and define a floating exchange rate, the major issue here is to outline the factors influencing the supply
inflation wide equality while deflation narrow it down due in aggree distify we answer with algement?
definetion of pricing thery
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what the contenporary issues in micro economics in nigeria
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Ask qI run a company that makes household power plants that use microeconomic textbooks to generate enough electricity each day for one house. Since there are a lot of used microec
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