Examlex
Let f(x, y) = x sin y. If x = , find f(x, x/2) .
Maximin Strategy
A decision rule used in game theory and decision-making to maximize the minimum gain that can be achieved.
Equilibrium
A state in an economy where supply equals demand, leading to a stable price for goods and services.
Advertise
The act of promoting products, services, or ideas through various media channels to influence consumer behavior.
Collusive Outcome
A situation where firms in a market or industry agree, often secretly, to set prices or output levels to the detriment of market competition.
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