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.

Question

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.

Quizplus · Accepted Answer

The Answer of  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