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Glen Is Considering Whether to Paint His House and If

Question 162

Multiple Choice

Glen is considering whether to paint his house and if so,what colour to choose.He settles on three options: leave it "as is",paint it brown,or paint it purple.Glen's neighbours are able to easily see his house.The following table shows the monetary values of utility for Glen and his neighbours under the three possibilities. Glen is considering whether to paint his house and if so,what colour to choose.He settles on three options: leave it  as is ,paint it brown,or paint it purple.Glen's neighbours are able to easily see his house.The following table shows the monetary values of utility for Glen and his neighbours under the three possibilities.   -Refer to the information above.Assume that Glen and his neighbours both know the payoffs to the three choices.If maintaining relations with his neighbours is valuable,Glen will likely choose A)  brown. B)  purple. C)  to not change the colour. D)  to consider different colours. E)  to move.
-Refer to the information above.Assume that Glen and his neighbours both know the payoffs to the three choices.If maintaining relations with his neighbours is valuable,Glen will likely choose


A) brown.
B) purple.
C) to not change the colour.
D) to consider different colours.
E) to move.

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