Find the Value of the Matrix Game $\mathrm { M }$

question 13

Multiple Choice

Find the value of the matrix game.
-Let $\mathrm { M }$ be the matrix game having payoff matrix $\left[ \begin{array} { r r r r } 2 & 2 & - 2 & 5 \\ - 4 & 2 & 6 & 2 \end{array} \right]$ .

• A) \(\frac { 1 } { 4 }\)
• B) \(\frac { 2 } { 7 }\)
• C) \(\frac { 8 } { 7 }\)
• D) \(\frac { 1 } { 2 }\)

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Definitions:

Marginal Product

The additional output that results from using one more unit of a particular input while keeping other inputs constant.

Output

The quantity of products or services generated by a business, sector, or economic system over a certain timeframe.

Wage

Compensation or payment to an employee for labor or services rendered, typically expressed on an hourly, daily, or piecework basis.

Marginal Product

The additional output resulting from the use of one more unit of a production input, holding other inputs constant.