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Answer the question based on the following information.Way-Below Normal University has found it necessary to institute a crime-control program on its campus to deal with the high costs of theft and vandalism.The university is now considering several alternative levels of crime control.This table shows the expected annual costs and benefits of these alternatives.The marginal costs of additional levels of crime control are:
Dominant Strategy
A strategy in game theory that yields the best outcome for a player, regardless of what strategies other players choose.
Nash Equilibrium
A concept in game theory where each player's strategy is optimal, given the strategies of other players, and no player has an incentive to deviate unilaterally.
Positive Constants
Fixed values greater than zero used in mathematical equations or expressions.
Payoffs
The returns or outcomes received from a particular action or investment.
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