SCENARIO: PAYOFF MATRIX the Payoff Matrix Shows Outcomes of Various Strategies That a Strategies

Multiple Choice

SCENARIO: PAYOFF MATRIX
The payoff matrix shows outcomes of various strategies that a
Home and Foreign country can follow to decide to regulate or not
Regulate pollution.The columns give Foreign's actions, and the
Rows give Home's actions.The values in the upper right­hand
Side of each element give Foreign's net benefits; the values in
The lower left­hand side of each element give Home's net
Benefits.Net benefits are the environmental benefits from
Regulation minus costs associated with installing pollution control
Equipment.
(Scenario: Payoff Matrix) What is likely to happen if there are no
International agreements to limit pollution?

A) Foreign will regulate pollution but Home will not.
B) Home will regulate pollution but Foreign will not.
C) Neither country will regulate pollution.
D) Both countries will regulate pollution.