HW9. The payoff matrix for the 2-person 0-sum game of Union in negotiation with Management for annual percentage pay raise is given below: M1 M2 M3 M4
U1 2 4 2 3
U2 3 3 5 2
U3 4 3 2 3
U4 4 4 1 4
9a.(5 points) Eliminate all dominated strategies to obtain the irreducible matrix.
9b.(10 points) Identify and solve all sub-games.
9c.(5 points) Summarize the solution of the game.

The average hourly earnings for a construction worker is projected to be $24.50 in 2012. jason wants to join the construction work force after he graduates in 2012. his friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. based on the data below, assuming that the projected hourly earnings are correct, is jason’s friend’s statement accurate? construction industry - average hourly earnings, 2000-2009 a. his friend’s statement is accurate. the average hourly earnings will increase by 2%. b. his friend’s statement is not accurate. the percent increase will be more than 2% c. his friend’s statement is not accurate. the percent increase will be less than 2% d. his friend’s statement is not accurate. the average hourly earnings will decrease

One of the inventors of integrated circuits observed that the number of transistors that fit on an integrated circuit will double every 24 months. what type of relationship most appropriately models this situation?

Aregular hexagon has sides of 2 feet. what is the area of the hexagon? 12 ft2 12 ft2 24 ft2 6 ft2