suppose the cost of cleaning the lake is $20 per hour, and that the residents ha

Question

suppose the cost of cleaning the lake is $20 per hour, and that the residents have agreed to split the cost of cleaning the lake equally. if the residents suppose the cost of cleaning the lake is $20 per hour, and that the residents have agreed to split the cost of cleaning the lake equally. if the residents suppose the cost of cleaning the lake is $20 per hour, and that the residents have agreed to split the cost of cleaning the lake equally. if the residents Take 1734 -$-42 Refer to Table 1726 Ifboth firma fullow a dominan stralegy Firs A's peofies (losse) wall be 45-300m

Explanation / Answer

The diagram above is hardly visible. From what is clear the dominant strategy for both firms will be that both should concede that the drug causes liver failure. This is the dominant strategy that leads to pay offs of (60,40). The correct answer should be C.

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