Multiple Choice
The matrix given below represents the payoffs to producer Hansel and purchaser Gretel from a transaction.Hansel is the producer of Good X and Gretel is the purchaser.Assume that Gretel has no incentive to break the contract.
-Refer to Table .Under expectation damages, if Hansel breaches the contract he would have to pay Gretel:
A) $10.
B) $5.
C) $8.
D) $3.
Correct Answer:

Verified
Correct Answer:
Verified
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