Given That the Value of Individual Production of Carol and Tessie

question 20

Multiple Choice

Given that the value of individual production of Carol and Tessie is zero, while their combined production is positive, we may conclude that:

• A)any subset of the grand coalition can credibly threaten to block the coalition.
• B)the coalition is not individually rational.
• C)the core is empty.
• D)any allocation of payoffs from the coalition will lie within the core.

---

Definitions:

Haustral Churning

The slow movement of the contents within the large intestine, facilitated by the segmentation movements of the haustra, aiding in water absorption and feces formation.

Ileostomy

A surgical procedure that creates an opening in the abdomen for waste to exit the body from the ileum, bypassing the colon.

Ostomy Device

A medical appliance attached to the body to collect waste from a surgically created opening in the digestive or urinary systems.

Bedridden

The condition of a person who is unable to get up from bed due to illness, disability, or weakness.