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Use the Following to Answer Questions: Table: Mary, Silvia Payoff

Question 103

Multiple Choice

Use the following to answer questions: Table: Mary, Silvia Payoff Table  Silvia  Cooperate  Cheat  Mary  Cooperate 20,2010,40 Cheat 40,1015,15\begin{array} { | l | l | c | c | } \hline & & \text { Silvia } & { } \\\hline & & \text { Cooperate } & \text { Cheat } \\\hline \text { Mary } & \text { Cooperate } & 20,20 & 10,40 \\\hline & \text { Cheat } & 40,10 & 15,15 \\\hline\end{array}
-(Table: Mary, Silvia Payoff Table) Refer to the table. Mary and Silvia are producers. If Mary cheats, what is Silvia's dominant strategy?


A) to cheat and earn 40
B) to cheat and earn 15
C) to cooperate and earn 20
D) to cooperate and earn 40

Correct Answer:

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