A Message Has Been Encrypted Using the Function $$f ( x ) = ( x + 5 ) \bmod 26$$

question 3

Short Answer

A message has been encrypted using the function $$f ( x ) = ( x + 5 ) \bmod 26$$ If the message in coded form is
JCFHY, decode the message.

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Definitions:

Nash Equilibrium

A concept in game theory where each player's strategy is optimal given the strategies of all other players, and no player has anything to gain by changing only their own strategy.

Simultaneous Pricing Game

A strategic game in which multiple sellers set prices for their products at the same time, considering the potential reactions of competitors.

Best Response

A strategy that produces the most favorable outcome for a player, given other players' strategies in a game.

Pricing High

A strategy where goods or services are sold at a higher price point to signal quality, maximize profit margins, or cover higher production costs.