Question: Set p - innovate to 1 . 0 E - 4 ( a . k . a 0 . 0 0 0 1 ) ,
Set pinnovate to Eaka pforget to and payoffbiased to true. Repeatedly reset
and run the simulation for different values of pcopy. You should notice that for some values
technology increases in quite sharp steps, but for other values technology increases
smoothly. which of the following statements is true?
When pcopy is around technology increases smoothly, for other values of copy, technology
increases in steps.
When pcopy is low technology increases smoothly. For high values of pcopy technology increases
in steps.
When pcopy is around technology increases in steps. for other values of pcopy, technology
increases in smoothly.
When pcopy is high technology increases smoothly. For low values of pcopy technology increases
in steps.
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