Refer to the table below to answer the following question.
Table 14.2.9
-Refer to Table 14.2.9.Two students are assigned a group project.Each has the option to work or not work to achieve a high grade.The payoffs are shown in the above table.Student 1
A)works only if student 2 works.
B)works regardless of the decision made by student 2.
C)does not work if student 2 works.
D)does not work regardless of what student 2 decides.
E)works only if student 2 does not work.

Question

Refer to the table below to answer the following question.
Table 14.2.9 
-Refer to Table 14.2.9.Two students are assigned a group project.Each has the option to work or not work to achieve a high grade.The payoffs are shown in the above table.Student 1
A)works only if student 2 works. 
B)works regardless of the decision made by student 2. 
C)does not work if student 2 works. 
D)does not work regardless of what student 2 decides. 
E)works only if student 2 does not work.

Quizplus · Accepted Answer

Regardless of what decision student 2 makes, student 1 will always receive a higher payoff if they work, so the best choice for student 1 is to work regardless of the decision made by student 2.

Refer to the Table Below to Answer the Following Question