Consider the following game. Two construction firms are thinking about bidding cable stayed bridgein one of the lakes near to Warangal. The take from the bridge construction would be Rs. 20 lakhseach, but the job requires two firms (one to design and one to build the structure). Each firm couldinstead build apartment in smart city project. The take from apartment in smart city project is only Rs.5 Lakhs but can be done with one firm acting alone.i. Write down the payoff matrix for this game.ii. What are the strategies for this game?ii. What are the equilibria for this game?.

Given - Consider the following game. two construction firms are thinking about bidding cable stayed…

Answered: Consider the following game. Two…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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23) Bill and Mofor are selling cookie dough for a school fundraiser. Custonmers can buy packages of white chocolate chip cookie dough and packages of oatmeal cookie dough. Bill sold 12 packages of white chocolate chip cookie dough and 13 packages of oatmeal cookie dough for a total of $380. Mofor sold 2 packages of white chocolate chip cookie dough and 7 packages of oatmeal cookie dough for a total of S160. How much does one package of white chocolate chip cookie dough cost? A) S10 B) $5 C) $6 D) $9
A tennis tournament has 85 participants. Players who lose a game are immediately eliminated; players who win a game keep playing. Still, the organizers have a lot of choices to make. They could give a first round bye to some players so that after the first round there are 26 = 64 players and no more bye are needed. Or they could give even a second round bye to the best players, or possibly even a third round bye to the very best ones. What is the best strategy for the organizers if they want to choose the winner of the tournament using as few games as possible?
A company that sells webcams has relocated production to 3 foreign plants: China.Turkey and Romania. After the first 20 days of production 2,380 webcams, or 28% of the total.came from Turkey and 46% from China. Quality control. carried out on all webcams discarded 119 Turkish webcams, 313 Chinese webcams and 199 Romanian webcams as defective. A webcam produced in China has a production cost of 3 euros, while one produced in Turkey has it of 5 euros Calculate: 1. the probability that a randomly chosen webcam is defective; 2. the probability that a webcam was produced in Romania, knowing that defective; 3. the probability that a webcam was manufactured in China, knowing that for sale (not defective);
Due to the inflation three stores had to close in a mall: one athletic shoe store, one kid's clothing store, and one department store. The mall received 30 applications from store owners who applied to the mall to have their kid's clothing store to replace the closed kid's store. The mall also received 60 applications from athletic shoe store and department store owners who applied their store to replace the closed department and athletic shoe store. If X = the number of applications for a store, use this information to complete the table X 30 40 60 P(x) xP(x) O P(x)=.30, .30, .30; xP(x)=9,12, 18 O P(x)=.33, .33, .33; xP(x)=9.90, 13.20, 19.80 O P(x)=.03, .03, .03; xP(x)=.90,1.2,1.8
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In a musical contest with 15 competitors, there are two prices: best singer and best composition. Knowing than 2 people cannot win both prices, how many ways to givethe prices exist?
Kabaddi is a popular sport in South Asia. The basic rules of Kabaddi are simple: two teams of seven players each face off in a large square arena for two halves of twenty minutes each. Players from each team take turns running across the center line to the other team's half of the court ( called "raiding"), tagging members of the other team (4 people defending), and running back. The more opposing team members they tag, the more points they score (+1 point for each player he tags), but if the opposing team can physically prevent them from crossing back to their side of the court, they score no points. During the sports week, a kabaddi match is going to be scheduled between the students of Section A and C. Section A has 42 students while Section C has 35 students
Chris (they/them) is planning a meal for a party. The meal will include an appetizer, a main course, and dessert. They have three choices for an appetizer (Artichoke, Bruschetta, or Caviar), two choices for a main course (Drumsticks or Eggplant), and three choices for dessert (Fritter, Gelato, or Hot chocolate). How many different meals are possible if Chris must serve at least one of Artichoke, Eggplant, and Hot chocolate? Explain your answer.
There are three players in a public good game. Each player (i=1,2,3) has 100 dollars to contribute the amount of money cı, i=1,2,3, for a public good. Each player's payoff depend on the following: (i) The amount of her remaining wealth 100-c, i=1,2,3, for spending in private good. 3. (ii) The amount of public good is equal to the sum of contributions from all players. (iii) Each person cares about the amount of public good and her consumption of private goods. Based on the above assumption, each players ui-(100+c)+(c1+c2+c3)(100-c), i=1,2,3 (a) What is the amount of each player contribute to the public good for Nash equilibrium for the non-cooperative simultaneous game? .What is total payoffs for all players in the non-cooperative simultaneous game? What is the amount of each player contributes to the public for social optimum if (b) (c) there are no discrimination of all players? Hint: The social optimum is the maximum total payoff if all players cooperate together. You might think…
Three workers at a domino's pack the take out pizza orders.ramu packs 40 of the orders but fails to include a chilli flakes sachet 4 %of the time. Raju packs 30 %of the orders but omits the chilli flakes sachet 2 %of the time. Sam packs 30 %of the orders but fails to include chilli flakes sachet 3% of the time. You received the pizza delivery and there was no chilli flakes sachets. What is the probability that Sam made the packing for the order
A grocery store is holding a 10% discount promo for purchasing all items without certain conditions. Dona, Dini and Dina shop at the store. Dona y 2 kg of cooking oil, 5 kg of rice, and 2 kg of eggs, must pay IDR 133,200.00. Then Dini, who bought 1 kg of cooking oil, 3 kg of rice and 2 kg of eggs, had to pay IDR 97,200.00. Meanwhile, Dina, who bought 2 kg of cooking oil, 4 kg of rice and 1 kg of eggs, also had to pay eggs before the discount! IDR 97,200.00. Determine the price of 1 kg of cooking oil plus 1 kg of rice plus 1 kg of.. A. IDR 50,000.00 B. IDR 52,000.00 C. IDR 54,000.00 D. IDR 56,000.00 Please with an explanation! E. IDR 58,000.00

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