Refer to the Following Payoff Matrix Suppose the Simultaneous-Move Game Depicted in the Payoff Matrix Could

question 22

Multiple Choice

Refer to the following payoff matrix:
$\begin{array}{r}\text { Player } 2\\\text { Player } 1\begin{array}{|l|l|l|} \hline& \text { a} & \text { b} \\\hline & & \\\text { A } Q & \$ 50, \$ 5 & \$ 15, \$ 30 \\\hline & & \\\text { B } Q & \$ 40, \$ 2 & \$ 2, \$ 1\\\hline\end{array}\end{array}$ Suppose the simultaneous-move game depicted in the payoff matrix could be turned into a sequential-move game with player 1 moving first.In this case,the equilibrium payoffs will be:

• A) ($20, $1)
• B) ($50, $5)
• C) ($40, $2)
• D) ($15, $30)

---

Definitions:

ATP

Adenosine triphosphate, a universal energy carrier molecule used by cells to store and transfer energy.

Oxidative Phosphorylation

A process occurring in mitochondria that uses oxygen and high-energy electrons to produce ATP and water.

Krebs Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide and water.

Oxygen

A chemical element with symbol O and atomic number 8, essential for respiration in animals and plants and a component of the Earth's atmosphere.