Scenario 13.8 Consider the Following Game

question 139

Multiple Choice

Scenario 13.8
Consider the following game:
-In game in Scenario 13.8, what will occur if IVY Corp. plays a maximin strategy?

• A) $1, $10
• B) $1, -$5000
• C) $2, $0
• D) $2, $2
• E) There is a .25 chance of each outcome in that case.