Scenario: Beth and Mary work as designers for a leading footwear manufacturer. Together, they came up with a new design that was successful from the day it was launched in the market. Impressed with their performance, their boss wants to reward them. He hands over $5,000 to Beth and asks her to offer Mary any amount she wants. If Mary accepts the offer, the money will be split in the decided proportion. However, if Mary rejects the offer, both of them will forgo the chance to be rewarded.
-Refer to the scenario above.If Mary prefers fairness to money,________.
A) she will not accept any offer that Beth makes
B) she will accept any offer that Beth makes
C) she will accept the offer only if Beth offers her $2,500
D) she will accept the offer only if Beth offers her $5,000
Correct Answer:
Verified
Q42: Scenario: Tom and Harry are participating in
Q43: Neil and Derek are brothers who are
Q44: The responder in an ultimatum game is
Q45: Sarah and Claire are sisters.Their aunt gave
Q46: Scenario: You walk onto a used car
Q48: Scenario: Tom and Harry are participating in
Q49: Scenario: Beth and Mary work as designers
Q50: Scenario: Your car broke down while you
Q51: Scenario: Tom and Harry are participating in
Q52: Scenario: You walk onto a used car
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents