Which of the Following Is a Characteristic of the Core

question 25

Multiple Choice

Which of the following is a characteristic of the core?

• A)The core is the set of all allocations that cannot be blocked.
• B)The core is the set of all allocations where the value realized by the members of the coalition are same as what they can realize individually form the core.
• C)Cores are broken when one or more participants withdraw from the coalition.
• D)Any allocation that makes even one of the parties to the transaction better off is in the core.

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Definitions:

Müller-Lyer Illusion

A visual illusion in which two lines of the same length appear to be of different lengths because of the orientation of arrow-like tails at their ends.

Depth Cue

Visual information that allows a person to judge the distance or depth of objects in relation to themselves.

Retina

The light-sensitive layer of tissue at the back of the inner eye, which converts light images into electrical signals sent to the brain through the optic nerve.

Brightness Constancy

The human visual system's ability to perceive the relative brightness of objects regardless of the amount of light illuminating them.