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Use an inverse matrix to find the solution to the system.
-Two phone companies compete for customers in a city. Company 1 retains of its customers and loses of its customers to Company 2 . Company 2 retains of its customers and loses to Company 1 . If we represent the fraction of the market held last year by , where is the number the that Company 1 had last year and is number that Company 2 had last year, then the number that each company will have this year can be found by t] following matrix equation.
If Company 1 has customers and Company 2 has customers this year, how many customers did Company 1 have last year?
Reinforcement
In the context of behavior, it is the process of encouraging or establishing a pattern of behavior through rewards or consequences.
Stimulus Discrimination
The ability of an individual to differentiate between similar stimuli and respond appropriately to each, often used in marketing to distinguish a brand from its competitors.
Cognitive Dissonance
The mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time, leading to alteration in one of the attitudes, beliefs, or behaviors to reduce the discomfort.
Selective Retention
The tendency of individuals to remember more information that is personally meaningful to them while forgetting irrelevant information.
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