In the Following Two-Person Zero-Sum Game, the Payoffs Represent Gains $\left[ \begin{array} { l l l } 5 & 8 & 6 \\4 & 3 & 1 \\2 & 6 & 7\end{array} \right]$

question 57

Multiple Choice

In the following two-person zero-sum game, the payoffs represent gains to the row player I and losses to the column player II.
$\left[ \begin{array} { l l l } 5 & 8 & 6 \\4 & 3 & 1 \\2 & 6 & 7\end{array} \right]$
Which of the following statements is true?

• A) The game has no saddlepoint.
• B) The game has a saddlepoint; the value of the game is 5.
• C) The game has a saddlepoint; the value of the game is 6.
• D) The game has a saddlepoint; the value of the game is 8.

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Definitions:

Capital Account Balances

The amount of money and other forms of assets invested in a company by its owners or shareholders, reflected in the equity section of the balance sheet.

Partner Dies

This term refers to the event when a member of a partnership passes away, potentially affecting the operation and structure of the partnership depending on the partnership agreement and laws governing partnerships.

Remaining Partners

The members of a partnership who continue with the business after one or more partners have exited or been removed.

Original Capital

The initial amount of money invested in a business by its owners or shareholders to start and operate the enterprise.