Approximate the Number Using a Calculator $2 ^ { 1.7 }$

question 37

Multiple Choice

Approximate the number using a calculator. Round your answer to three decimal places.
- $2 ^ { 1.7 }$

• A) \(3.549\)
• B) \(3.249\)
• C) \(3.400\)
• D) \(2.890\)

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Definitions:

Cournot

Refers to an economic model of competition among firms, where each firm decides its production level assuming the other firms' levels are fixed, leading to a state of Cournot equilibrium.

Sequential Games

Games in which players make decisions one after another, with later players having knowledge of the previous actions taken by other players.

Dominant Strategy

A strategy that is the best for a player in a game irrespective of the strategies chosen by other players.

Nash Equilibrium

A concept within game theory where no participant can benefit by changing strategies while the other participants keep theirs unchanged.