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S -Consider Figure 13.1, Which Represents an Optimistic State of Nature

Question 36

Multiple Choice

  s -Consider Figure 13.1, which represents an optimistic state of nature and Figure 13.2, which represents a pessimistic state of nature. Suppose that there is a 10 percentprobability of an optimistic state of nature and a 90 percent probability of a pessimistic state of nature will prevail. The expected payoffs to both players in this game are: A)  (71, 71) . B)  (81, 81) . C)  (91, 91) . D)  (101, 101) . E)  None of the above. s
-Consider Figure 13.1, which represents an optimistic state of nature and Figure 13.2, which represents a pessimistic state of nature. Suppose that there is a 10 percentprobability of an optimistic state of nature and a 90 percent probability of a pessimistic state of nature will prevail. The expected payoffs to both players in this game are:


A) (71, 71) .
B) (81, 81) .
C) (91, 91) .
D) (101, 101) .
E) None of the above.

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