Ann and Bob are fisherman who must choose whether to use a large boat or a small boat to fish off the shores of Newfoundland. The payoffs associated with each set of choices are given at right. Bob If Ann and Bob choose simultaneously, then the Nash equilibrium is that Small Boat Large Boat A. both choose small. B. Ann chooses large and Bob chooses small. $11,200 $16,800 O C. Ann chooses small and Bob chooses large. Small Boat D. both choose large. $11,200 $4,200 If Ann chooses first and Bob chooses second, then the equilibrium is that Ann $4,200 $7,000 O A. Ann chooses small and Bob chooses large. Large Boat O B. both choose large. $16,800 $7,000 O C. Ann chooses large and Bob chooses small. O D. both choose small.
Energy transfer
The flow of energy from one region to another region is referred to as energy transfer. Since energy is quantitative; it must be transferred to a body or a material to work or to heat the system.
Molar Specific Heat
Heat capacity is the amount of heat energy absorbed or released by a chemical substance per the change in temperature of that substance. The change in heat is also called enthalpy. The SI unit of heat capacity is Joules per Kelvin, which is (J K-1)
Thermal Properties of Matter
Thermal energy is described as one of the form of heat energy which flows from one body of higher temperature to the other with the lower temperature when these two bodies are placed in contact to each other. Heat is described as the form of energy which is transferred between the two systems or in between the systems and their surrounding by the virtue of difference in temperature. Calorimetry is that branch of science which helps in measuring the changes which are taking place in the heat energy of a given body.
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