A 3 X 3 Two-Person Zero-Sum Game That Has No

question 54

Multiple Choice

A 3 x 3 two-person zero-sum game that has no optimal pure strategy and no dominated strategies

• A)can be solved using a linear programming model.
• B)can be solved algebraically.
• C)can be solved by identifying the minimax and maximin values.
• D)cannot be solved.

---

Definitions:

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business, important for assessing liquidity, flexibility, and overall financial health.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of an organization's wealth maximization.

Tax Rate

The ratio at which taxes are imposed on a person or business entity.

After-Tax Discount Rate

The discount rate that is applied to cash flows after taking into account the effects of taxes.