The Accompanying Payoff Matrix Depicts the Possible Outcomes for Two

question 136

Multiple Choice

The accompanying payoff matrix depicts the possible outcomes for two players involved in a game of volleyball. At this point in the game, the ball has just been hit to Deidra, and she chooses whether to hit right or hit left. At the same time, Ashley chooses whether to jump right (Deidra's right) or jump left (Deidra's left) . If a player receives a payoff of 1, the player wins the point; if the player receives a payoff of -1, the player loses the point. Use this information to answer the questions that follow.

-If Deidra hits left and Ashley jumps right,Ashley receives a payoff of ________ and Deidra receives a payoff of ________.

• A) -1; 1
• B) -1; -1
• C) 1; 1
• D) 1; -1
• E) 0; 0

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Definitions:

Cash Payments

Cash Payments are transactions where monetary value is transferred from one party to another in the form of cash or its equivalent to settle a debt or purchase a good or service.

Positive Cash Effect

The increase in the cash holdings of a business, typically resulting from operational activities, investments, or financing activities that bring in more cash.

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and investments, recorded in the financial statements.

Land Costing

The total cost associated with acquiring land, including purchase price, closing costs, and any improvements necessary to prepare the land for its intended use.