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.
Correct Answer:

Verified
Correct Answer:
Verified
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