Suppose 1 chooses “low” then best response of 2 will be to choose “yes”. Now consider the other way round if 2 chooses “yes” then 1’s best response will be “low”. So neither of two would want to deviate. Applying the same logic to other points we deduce {low, yes} is the only Nash Equilibrium.
In how much time can Pipe C empty the tank? Statement I: Pipes A and B can fill half the tank in 6 hrs 30 minutes. Statement II: Together with e...
What was the sum of the ages of the father and the daughter 5 years earlier?
A. Ratio of the father’s present age to the daughter’s age a...
What was the age of Sonu 10 years ago?
I. Ram is seven years older than Sonu.
II. The ratio of Ram’s present age to Sonu’s is 5:4...
How many students passed in first class?
I. 75% of the students who appeared in the examination have passed in first or second or third class.
What is the speed of a train?
I. The train crosses a pole in 24 seconds.
II. The train crosses a platform of equal length in 48 seconds.
The difference between the two digits of a two-digit number is 2. What is the number?
I. The digit at the unit’s place is bigger than the te...
What is the time taken by train to go from Station A to Station B?
Statement I: If the train increases its speed by 20%, then it reaches 40 m...
Three friends namely F, G and H are rowing their boats in a same river. Speeds of F and G in still water are 6 km/h more and 4 km/h more, respectively...
A shop sells only steamed momos and fried momos. On a particular day the ratio of the numbers of steamed momos and fried momos sold from that shop was ...
An item (Burger) is sold at a profit of 20%. Determine the cost price of the item (Burger).
Statement I: The selling pri...
