An Employee in Charge of the Cash Register at a Busy

question 16

Multiple Choice

An employee in charge of the cash register at a busy restaurant steals small sums of money at the end of the day whenever the cash in the register exceeds the sum of the day's bills. He thinks it is fine to do so because every day there are two or three customers that pay more than they should. This type of rationalization is based on

• A) everyone else is doing it.
• B) denial of the victim.
• C) condemnation of the condemners.
• D) appeal to higher loyalties.
• E) entitlement.

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Definitions:

Ajax's Profits

The earnings acquired by Ajax, a fictional or specific enterprise, after deducting all costs associated with its operations.

Nash Equilibrium

A concept in game theory where no player can benefit by changing their strategy while the other players' strategies remain unchanged, indicating a stable state of gameplay.

Profits-Payoff Table

A financial tool used to display potential profits or losses of various outcomes based on a set of assumptions or strategies.

Duopoly

A market structure dominated by two firms, each having significant control over the market price and influencing competition dynamics.