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An ideal gas is to taken reversibly from state i, at temperature T1, to another states labeled I, II, III, IV and V on the p-V diargram below. All are at the same temperature T2. Rank the five processes according to the change in entropy of the gas, least to greatest.
Dominant Strategy
A strategy in game theory that yields the highest payoff for a player no matter what the other players do.
Annual Profit
The total earnings a company makes in one fiscal year after all expenses and taxes have been subtracted from its total revenue.
Nash Equilibrium
A concept within game theory where each player's strategy is optimal when considering the decisions of other players, leading to a situation where no participant can gain by unilaterally changing their strategy.
Duopolists
Two firms or parties that dominate the market for a particular product or service.
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