Multiple Choice
Consider a game in which each of three men is given $20. All three must secretly decide whether they will contribute any part of their $20 to a trust fund. At the end of the game, each player will receive 40% of the total money contributed to the trust fund, in addition to any of the remaining $20 that he is holding. If the first two players contribute $20 to the trust fund, the third player should contribute $_____ to maximize his individual earnings at the end of the game.
A) 24
B) 20
C) 8
D) 0
Correct Answer:

Verified
Correct Answer:
Verified
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