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An airtight box, having a lid of area 80 cm2, is partially evacuated. Atmospheric pressure is 1.01 *105 Pa. A force of 108 lb is required to pull the lid off the box. The pressure in the box was:
Cournot
Refers to an economic model of competition among firms, where each firm decides its production level assuming the other firms' levels are fixed, leading to a state of Cournot equilibrium.
Sequential Games
Games in which players make decisions one after another, with later players having knowledge of the previous actions taken by other players.
Dominant Strategy
A strategy that is the best for a player in a game irrespective of the strategies chosen by other players.
Nash Equilibrium
A concept within game theory where no participant can benefit by changing strategies while the other participants keep theirs unchanged.
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