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Will and Grace Have Adjoining Unfenced Back Yards and Each

Question 120

Multiple Choice

Will and Grace have adjoining unfenced back yards and each has just adopted a new puppy. Will values a fence between their yards at $250 and Grace values a fence between their yards at $200. The cost of building the fence is $300, which will be split equally if they both agree to build the fence. Therefore, their payoff matrix is as follows.   
Will and Grace have adjoining unfenced back yards and each has just adopted a new puppy. Will values a fence between their yards at $250 and Grace values a fence between their yards at $200. The cost of building the fence is $300, which will be split equally if they both agree to build the fence. Therefore, their payoff matrix is as follows.      Will's dominant strategy in this game is to: A) build the fence. B) help build the fence if he sees Grace building the fence. C) not build the fence. D) alternate between building the fence and not building the fence. Will's dominant strategy in this game is to:


A) build the fence.
B) help build the fence if he sees Grace building the fence.
C) not build the fence.
D) alternate between building the fence and not building the fence.

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