In a management class there are two types of students, the individualists and the socialites. There is a group term project that is worked on jointly but then individually summarized and handed in for a grade. When individualists end up in the same group, they all get B- since they are not very inclined to share their insights with each other. When the socialites work together, they all get A- because they learn from each other and have more to say when they each write up a report. When individualists and socialites work in a group, the individualists learn from the socialites but share little, so the individualists get an A and the socialites get a
C.The students with the best grades are the ones who stay on in school.From this information answer the following questions.If the teacher allows the students to pick their team partners without a grade penalty, what will the population of the class eventually become? Draw a payoff graph again showing this outcome.
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