Scenario 14.1: Marco and Lisette love to play darts, but both suffer from carpal tunnel syndrome due to excessive play. They are considering how many visits to make to the doctor, and both know that they each get $150 of relief from the first visit, and only $45 of additional relief from the second visit. Neither has health insurance and therefore will bear the full cost of medical care. Each visit to the doctor costs $75.
-Refer to Scenario 14.1. Marco's dominant strategy is to schedule ________, and Lisette's dominant strategy is to schedule ________,

Question

Quizplus · Accepted Answer

The dominant strategy for both Marco and Lisette is to schedule 1 visit each because the relief from the first visit ($150) exceeds the cost ($75), making it worthwhile. However, the additional relief from a second visit ($45) does not cover the cost of another visit ($75), making a second visit not beneficial.