Adam and Jon Are the Only Players Playing in a Local

question 125

Multiple Choice

Adam and Jon are the only players playing in a local golf tournament.They can either practice for 5 hours or not practice at all.Practice has both direct monetary costs and opportunity costs.Their scores for an 18-hole round of golf with and without practice are shown in the table.Total prize money is $12,000.Two possible reward structures exist.In Plan A,the low score wins $10,000,second place wins $2000,and a tie results in $6000 each.Plan B requires a player to score 71,or less,for first place,72 to 80 is considered second place.The $10,000 will be split between those with a 71 or lower score,with a guaranteed minimum of $2000.The $2000 for second will be split between those with a score between 72 and 80.
-Refer to the information above.If Plan A is chosen as the reward structure,Jon and Adam might try to solve their positional arms race by

• A) lying about their strokes.
• B) practicing in secret.
• C) agreeing to split the prize money.
• D) buying expensive golf clubs.
• E) buying premium golf balls.

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Definitions:

Novel Object

An new or unfamiliar object that has not been previously encountered by an observer, often used in studies to test curiosity or learning.

Genetic Limit

The maximum potential for development that an individual's genetic makeup allows, considering external factors do not limit growth.

Reaction Range

The variability in the expression of inherited traits as they are influenced by environmental factors.

Environmental Limits

Constraints or boundaries set by the surrounding environment that limit the actions, growth, or survival of an organism or system.