As noted in lecture, it is possible to have a game where a Nash Equilibrium does not exist. In such a game, are there dominated strategies? What about dominant strategies?
In game theory, "dominant strategy" refers to the choice that is best for a player regardless of how their opponents may play, and "inferior strategy" refers to the other choice.
Explain about the dominant strategies?Game theory holds that a player should always choose the dominant strategy, regardless of what other players choose to do. The game is said to be in a Nash equilibrium when both players make their best plays while simultaneously considering those of their rivals.
It is referred described as being dominant when a method exceeds all others. In a Nash equilibrium, reactions between individuals are optimized. A set of strategies is in Nash equilibrium if nobody wants to change from how they are going about things.
Sometimes a combination of two or more pure strategies can defeat a pure strategy that cannot be defeated by another pure approach. Such methods are described by strictly dominant mixed strategies.
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When you are about to make a meal or bake something, after finding a recipe what is the first thing you do?
When you are preparing foods that you've made before, you only have to prepare ingredients first that you know you won't have time to ready while cooking.
What is nutrient and calories content?Proteins, lipids (fats), and carbohydrates are the nutrients that "produce energy." For every gram of carbohydrates, lipids, or protein that we eat, we receive 4 calories, 9 calories from fats, and 4 calories from proteins. When it comes to macronutrients (protein, carbohydrates, and fat) and micronutrients (vitamins, minerals, and phytonutrients like antioxidants), the amount of calories in a food tells us very little about its nutritional makeup. The food we eat provides us with energy. More specifically, alcohol, protein, fat, and carbohydrates are the four types of energy sources. These substances each provide a variable quantity of energy, expressed in calories, when they are burned (metabolized) by the body.
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The seventeenth century saw the heyday of the [European] East India Companies. They became an inevitable part of the politics and economy of South India, finding their way into the society and even the vocabulary of the local people. The ‘kumbini’,* as the local populace called it, was not to be ignored. As with the rest [of the population], the spinners and weavers, the washers, the dyers and the once powerful textile-merchant guilds had their links with the company [warehouses]. Of course there were also those merchants and weavers who operated independently of the company, but their proportion was small. With the establishment of the rival European companies in the seventeenth century, the lives of the weavers [of South India] no longer revolved around the temple but around the European [warehouses] and the towns [on the outskirts of European trading posts]. The weavers gradually began losing their bargaining power and independence. . . . Their creativity also suffered since they were compelled to copy mechanically the [designs] provided to them [by the companies’ officials]. Economically they were much worse off.” *a Tamil pronunciation of the word “company”
Vijaya Ramaswamy, Indian historian, book published in 198
In your response, be sure to address all parts of the question. Use complete sentences; an outline or bulleted list alone is not acceptable.
Use the passage to answer all parts of the question that follows.
a) Identify ONE claim made in the passage.
b) Describe ONE reason why European trading companies “became an inevitable part of the politics and economy of South India” and other regions of Asia in the period 1450–1750.
c) Explain ONE piece of evidence from the period 1450–1750 that would complicate the portrayal of the economic relationship between Asian and European producers and merchants provided in the second paragraph.
1. One of the claim made in the passage was that during the 17th century, South India's politics and economy were significantly influenced by the European East India Companies.
2. The Europeans believed that the key to wealth was selling goods to other countries to stockpile as much gold and silver as possible.
3. One piece of evidence that could complicate the portrayal of the economic relationship between Asian and European producers and merchants was the passage states that weavers were worse economically
What was the passage about?Selling goods to other nations in order to accumulate as much gold and silver as possible was, in the eyes of the Europeans, the secret to wealth. To help achieve this, European trading firms established joint stock companies that let investors purchase stock in organizations like the Dutch East India Company, which supported funding for Asian trade exploration. Dutch ships had a competitive advantage because they were lighter and faster.
The passage that claims that weavers had worse economic conditions is one piece of evidence that could make it more difficult to portray the trade relations between Asian and European producers and merchants. It is difficult to believe that the weavers who actually produced the goods were worse off economically as a result of the growth given the fact that organizations like the Dutch East India Company made significant profits from trading in Asia.
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The "elastic clause" expands the power of what branch of government to do what is "necessary and proper" to carry out its enumerated powers?
A. The Executive Branch
B. The judiciary
C. Congress
D. None of the above
Answer:
C. Congress
The "elastic clause," also known as the "necessary and proper clause," is a provision of the United States Constitution that grants Congress the power to pass any laws it deems necessary and proper to carry out its enumerated powers. This clause allows Congress to expand its powers and adapt to changing circumstances, enabling it to effectively fulfill its role as the legislative branch of government.
Explanation:
What is ultimately responsible for the size of the money supply?
A. The United States treasury
B. The money multiplier
C. Government
D. The Fed
E. Banks
The organization that is ultimately responsible for the size of the money supply is the bank. Thus, the correct option for this question is E.
Who determines the size of the money supply?The Federal Reserve i.e. known as America's central bank is responsible for controlling the supply of U.S. dollars. The Fed creates money by purchasing securities on the open market and adding the corresponding funds to the bank reserves of commercial banks.
When the Fed limits the money supply via contractionary or hawkish monetary policy, interest rates rise and the cost of borrowing increases. This can dampen inflationary pressures, but also risk slowing down economic growth. This federal reserve is the bank that regulates the utilization of money and services across the country USA.
Therefore, the organization that is ultimately responsible for the size of the money supply is the bank. Thus, the correct option for this question is E.
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Examine Item A in your test documents. Where in the diagram does the supremacy clause come most into play?
State laws that affect federal laws are prohibited since the Constitution is the highest law of the land.
What are supremacy clause?The Supremacy Clause's main point is straightforward state laws that contradict with the Constitution or federal legislation (of the kinds specified in the first portion of the Clause) are superseded.The provision gave the Supreme Court the power to contribute to building a robust federal government. The U.S. Constitution's Supremacy Clause was added because the Articles of Confederation did not contain one. According to the Articles, federal laws did not and could not take precedence over state laws.The Supremacy Clause creates domains of power where the federal government cannot meddle with certain state affairs and vice versa, so long as the Constitution is obeyed. This enables the U.S. federal system of government function.To learn more about supremacy clause refer to:
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