Every combination of strategies determines an outcome known as.......
a.Regret
b. Payoff
Saddle point
d. Profit matrix
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Answer:
regert is known as nanxb
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Every combination of strategies determines an outcome known as saddle point.
• Option “C” is the correct answer i.e. saddle point.
• In a zero-sum matrix, an outcome is a saddle point if the outcome is a least in its row and extreme in its column.
• Saddle point is a point at which a function of two variables has fractional derivatives equivalent to zero but at which the function has neither a maximum nor a minimum cost.
Hope it helped...
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