Make a table of sellers offers and buyers offers. List 5 consecutive offers/counteroffers.Hi,
Could someone please help me get a start to this question in the image below. I'm not sure how to go about it.
Thanks.
I couldn't see any pattern when I tried to list them out. For the buyers offers all I know is that they are less than the sellers offer and the next sellers offer is average of his previous offer and the buyers offer.Make a table of sellers offers and buyers offers. List 5 consecutive offers/counteroffers.
Show us what you get.
Do you see a pattern ?
Did you make a table?I couldn't see any pattern when I tried to list them out. For the buyers offers all I know is that they are less than the sellers offer and the next sellers offer is average of his previous offer and the buyers offer.
I couldn't see any pattern when I tried to list them out. For the buyers offers all I know is that they are less than the sellers offer and the next sellers offer is average of his previous offer and the buyers offer.
I listed them out. I'll attach it below.Did you make a table?
Show us the table.
What does your problem statement say about b2?I listed them out. I'll attach it below.