Multiple Choice
Eli and Peyton are playing the ultimatum game,starting with $100.The coin flip results in Eli being the one to propose a division of the $100.If Eli acts as economic theory assumes,he should propose that
A) he gets $30 and Peyton gets $70.
B) he gets $50 and Peyton gets $50.
C) he gets $60 and Peyton gets $40.
D) he gets $99 and Peyton gets $1.
Correct Answer:
Verified
Correct Answer:
Verified
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