Examlex
The coordinate of an object is given as a function of time by x = 7t - 3t2, where x is in meters and t is in seconds. Its average velocity over the interval from t = 0 to t = 2 s is:
Dominant Strategy
A strategy in game theory that results in the highest payoff for a player regardless of the strategies employed by the other players.
Mixed Strategy
Strategy in which a player makes a random choice among two or more possible actions, based on a set of chosen probabilities.
Game Theory
A mathematical and economic theory that analyzes the strategic interactions among rational decision-makers.
Homogeneous Good
A product that is considered identical or uniform across producers and can be easily substituted.
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