In the ultimatum game, two strangers are given $50 and must decide how to split the money between them. One player, called the proposer, makes the initial decision on how to split the money. The second player, called the responder, either accepts or rejects the proposer's offer. If the responder accepts the offer, both players are paid according to the proposer's offer. If the responder rejects the offer, neither player receives any money. 
Definitions:
Resource Consumption
The amount of resources used during a process, such as raw materials, energy, or labor.
Activity Rate
The cost incurred per unit of activity, used in activity-based costing to allocate overhead costs to products.
Overhead Cost
Expenses related to the operation of a business that are not directly tied to a specific product or service, such as rent, utilities, and administrative salaries.
Activity Cost Pool
A grouping of all the costs related to a particular business activity, facilitating more accurate allocation of overhead costs to products or services.
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