​Use the Following Case from Question

question 4

Multiple Choice

​Use the following case from question
Two ice cream trucks A&B are playing a simultaneous pricing game.If one of them prices low,he gets all the customers,a payoff of 12,while other gets zero.If both price high they each get a payoff of 6 and if both price low,they get a payoff of 5.
-​If the game is repeated indefinitely,and the vendors adopt a trigger strategy such that they would start charging the low price only if the other vendor charged a low price last time,what would be the Nash equilibrium?

• A)​Both the vendors price high
• B)Both the vendors price low
• C)Vendor A prices high,vendor B prices low
• D)​Vendor B prices high,vendor A prices low

Comprehend the process and significance of transductive reasoning in child development.

Describe the concept of precausal thinking and its manifestations in children’s explanations of events.

Explain the concept of mental operations and their role in cognitive development, including reversibility.

Understand the concept of egocentrism and its impact on a child’s perspective-taking abilities.

---

Definitions:

Median

The middle value in a sorted list of numbers, effectively dividing the dataset into two halves.

Regression Toward

A statistical phenomenon that describes how extreme scores on a variable tend to be closer to the average on subsequent measurements.

Emotional Distress

A negative emotional state that may arise from various causes, including stress, anxiety, or traumatic events.

Mode

The most common number found in a set of data.