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Ben and Sam Are Competing for the Remaining Spot on the National

Question 14

Multiple Choice

Ben and Sam are competing for the remaining spot on the national swim team.If one of these two swimmers hires a personal trainer,that swimmer will win the spot.If both swimmers hire a personal trainer,they have a 50% chance of winning the place on the team;if neither swimmer hires a personal trainer,they still have a 50% chance of winning the place.The table below shows the payoff matrix facing the swimmers.Whoever makes the team will earn $100,000 next year from product endorsements. Ben and Sam are competing for the remaining spot on the national swim team.If one of these two swimmers hires a personal trainer,that swimmer will win the spot.If both swimmers hire a personal trainer,they have a 50% chance of winning the place on the team;if neither swimmer hires a personal trainer,they still have a 50% chance of winning the place.The table below shows the payoff matrix facing the swimmers.Whoever makes the team will earn $100,000 next year from product endorsements.   -Refer to the information above.The dominant strategy for Ben is ______,and the dominant strategy for Sam is _______. A)  to hire a trainer;to hire a trainer B)  to not hire a trainer;to not hire a trainer C)  to hire a trainer;to not hire a trainer D)  to not hire a trainer;to hire a trainer E)  unknown;unknown
-Refer to the information above.The dominant strategy for Ben is ______,and the dominant strategy for Sam is _______.


A) to hire a trainer;to hire a trainer
B) to not hire a trainer;to not hire a trainer
C) to hire a trainer;to not hire a trainer
D) to not hire a trainer;to hire a trainer
E) unknown;unknown

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