A Small Community Has 10 People, Each of Whom Has

question 6

Multiple Choice

A small community has 10 people, each of whom has a wealth of $17,000.Each individual must choose whether to contribute $200 or $0 to the support of public entertainment for their community.The money value of the benefit that a person gets from this public entertainment is .80 times the total amount of money contributed by individuals in the community.

• A)This game has two Nash equilibria, one in which everybody contributes $200 and one in which nobody contributes $200.
• B)This game has a dominant strategy equilibrium in which all 10 citizens contribute $200 to support public entertainment.
• C)This game has a Nash equilibrium in which 5 people contribute $200 and for public entertainment and 5 people contribute nothing.
• D)This game has no Nash equilibrium in pure strategies, but has a Nash equilibrium in mixed strategies.
• E)This game has a dominant strategy equilibrium in which nobody contributes anything for public entertainment.

---

Definitions:

Constructive Criticism

A feedback process aimed at offering helpful suggestions and insights for improvement in a supportive manner.

Self-disclosure

The act of revealing personal, intimate details about oneself to others.

Self-awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Strained Work Relationships

Situations where interactions between colleagues are characterized by tension, disagreements, or conflict, often affecting productivity and workplace harmony.