The benefit is not always $2000. In the problem it said payoff would be $2000 for people who chip in WHEN 5 people chip in. So please redo the question!
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The benefit is not always $2000. In the problem it said payoff would be $2000 for people who chip in WHEN 5 people chip in. So please redo the question!
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- Please no written by hand solutions Bill goes to the market to buy some apples. The cost of the apples that he likes is $1.25 per pound. If he has $5 to spend on apples, how many pounds (x) can he buy?Hello, i have posted this question many times in chegg, but every time people answering this question to use ai tool like chatgpt, please dont use gpt and other ai tool. Provide me original answers with proper explanations. thank you. Question: What does the term "Incentive" mean? (A) It is the opposite of a tradeoff. (B) It could be a reward but could not be a penalty. (C) It could either be a reward or a penalty. (D) It could be a penalty but could not be a reward. Please Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 40 dislikes for you and more from my friends accounts also. This question will be reviewed by Chegg.Which of the following involve a trade-off? a. Buying a new car b. Going to college O c. Watching a football game on Saturday afternoon O d. Taking a nap Oe. All of the answer choices involve trade-offs. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- 3which one is the correct answerA rational decision-maker takes an action only if the Select one: a. average benefit is greater than the average cost O b. marginal benefit is greater than both the average cost and the marginal cost Oc marginal benefit isgreater thanthe.marginal cost O d. marginal benefit is less than the marginal cost age ter4 ELAST CTYAND ITS APPLICATION TAutosaved.
- There are 15 dozen eggs in a case. The case costs $ 22.56. What doe one egg cost?Please no written by hand and no emage Two classmates A and B are assigned a group project. Each student can choose to Shirk or Work. If one or more students chooses Work, the project is completed and provides each with credit valued at 4 payoff units each. The cost of completing the project is that 6 total units of effort (measured in payoff units) is divided equally among all players who choose to Work and this is subtracted from their payoff. If both Shirk, they do not have to expend any effort but the project is not completed, giving each a payoff of 0. The instructor can only tell whether the project is completed and cannot determine which students contributed to the project. A. Write down (draw) the normal form game, with payoff in the format of (player A payoff, player B payoff). Note that we assume students choose to Shirk or Work simultaneously. B. Does either player have a dominant strategy? C. Find the Nash equilibrium or equilibria. D. Explain ‘Prisoners’ dilemma’ using the…Actions Events E1 E2 E3 E4 A1 8 -10 6. A2 -4 12 18 -2 АЗ 14 8 Find the best action under each of the 5 decision criteria. a. Expected Monetary Value b. Expected Opportunity Loss с. Маximax d. Maximin e. Minimax Regret Rule 1.
- Problem 7 A casino offers people the chance to play the following game: flip two fair coins. If both come up heads, the gambler wins $1. If both come up tails, the gambler wins $3. If one is heads and one is tails, the gambler gets nothing. The game costs $1.25 to play. Your friend, Richard, who has not taken a probability course and thus doesn't know any better, goes to this casino and plays the game 600 times. Estimate the probability that your friend loses between $132 and $195 over the course of the 600 games. (You need to provide a number instead of an expression involving NA(a,b)).365 ht, Library, and ng Resources soft Teams ngs soft Teams s "Marble Madness" is a local carnival game, costing $2. There are 100 total marbles in a bag: 2 red, 8 orange, 10 yellow, 30 green, 30 blue, and 20 black. If a red marble is pulled, you win $6, an orange marble wins $4, and a yellow marble wins $2. A green, blue, and black marble result in a loss of the $2 cost to play. What is the expected value of a marble pull? Provide your answer belowTyped answer please. I ll rate. Do it correctly please.
