The Following Matrix Represents the Payoffs to Two Students Who

question 33

Multiple Choice

The following matrix represents the payoffs to two students who have been caught cheating in a class.

-Refer to Table .What will be the Nash equilibrium if there is no interaction between the two students?

• A)Student A will confess while Student B will remain silent.
• B)Student B will confess while Student A will remain silent.
• C)Both the students will confess.
• D)Both the students will remain silent.

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Definitions:

Unconscious

A state in which a person is not awake and not aware of and responding to their environment.

Legal Representative

An individual or organization officially appointed to act on another's behalf in legal matters or proceedings.

Market Value

The current price at which an asset or service can be bought or sold in an open and competitive marketplace.

Legal Capacity

The ability of an individual to enter into legal agreements or contracts, often age or condition-related.