Assume the Table Below Represents Two Contestants on a Game

question 13

Multiple Choice

Assume the table below represents two contestants on a game show who are allowed to push a blue button or a red button in the final round to determine the prize money they will each receive.What will be the result if both players follow their dominant strategies? Drake
$\begin{array}{cc|c|c|}&&blue&red\\\hline &blue&\text { D: } \$ 100,000 & \text { D: } \$ 200,000 \\&&\text { D: } \$ 200,000 & \text { P: } \$ 100,000 \\\hline peter&red&\text { D: } \$ 10,000 & \text { D: } \$ 50,000 \\&&\text { P: } \$ 150,000 & \text { P: } \$ 80,000 \\\hline\end{array}$

• A)Drake wins $100,000 and Peter wins $75,000.
• B)Drake wins $200,000 and Peter wins $100,000.
• C)Drake wins $75,000 and Peter wins $150,000.
• D)Drake wins $200,000 and Peter wins $150,000.
• E)There is no dominant strategy for the players in this game.

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Definitions:

Contingency Plans

Prepared strategies to be used in response to unforeseen events or emergencies, ensuring operational stability.

Neutralizer

Something that makes another thing ineffective or counterbalances its effects.

Leader Behavior

The actions and attitudes exhibited by those in leadership positions, influencing the morale, performance, and satisfaction of followers.

Dependent Variable

In research, it is the variable being tested and measured, often seen as the effect or outcome influenced by another variable.