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Table 12.18 Use the following to answer question: Table 12.18   -(Table 12.18)  The payoffs represent profits measured in thousands of dollars. In this infinitely repeated game, the two schools agree to cooperate and not offer financial aid. Each school follows a grim trigger strategy. At what value of d is the Motor City Art School indifferent between upholding and cheating on the agreement? A)  0.5 B)  0.7 C)  0.75 D)  0.9
-(Table 12.18) The payoffs represent profits measured in thousands of dollars. In this infinitely repeated game, the two schools agree to cooperate and not offer financial aid. Each school follows a grim trigger strategy. At what value of d is the Motor City Art School indifferent between upholding and cheating on the agreement?


A) 0.5
B) 0.7
C) 0.75
D) 0.9

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