Simplify $\left( \frac { 7 } { 10 } \right) ^ { 2 }$

question 116

Multiple Choice

Simplify: $\left( \frac { 7 } { 10 } \right) ^ { 2 }$

• A) \(\frac { 49 } { 50 }\)
• B) \(\frac { 49 } { 100 }\)
• C) \(\frac { 49 } { 200 }\)
• D) \(\frac { 7 } { 10 }\)
• E) \(\frac { 7 } { 100 }\)

---

Definitions:

Competitive Ideal

An economic theory suggesting that markets perform optimally when there is a high level of competition among firms, leading to better products and services for consumers.

Product Development

The process of creating or improving a product or service, from initial idea through research, design, testing, and finally to launch.

Payoff Matrix

A tool used in game theory to show the potential outcomes of different strategies players might employ, including their associated rewards or costs.

Repeated Game

A strategic interaction (game) between two or more parties (players) that all parties know will take place repeatedly.