Big Pig and Little Pig Have Two Possible Strategies, Press

question 32

Multiple Choice

Big Pig and Little Pig have two possible strategies, Press the Button, and Wait at the Trough.If both pigs choose Wait at the Trough, both get 2.If both pigs choose Press the Button, then both pigs get 5.If Little Pig presses the button and Big Pig waits at the trough, then Big Pig gets 10 and Little Pig gets 0.Finally, if Big Pig presses the button and Little Pig waits at the trough, then Big Pig gets 3 and Little Pig gets 2.In Nash equilibrium,

• A)both pigs will wait at the trough.
• B)Little Pig will get a payoff of 2 and Big Pig will get a payoff of 3.
• C)Little pig will get a payoff of zero.
• D)Little Pig will get a payoff of 5 and Big Pig will get a payoff of 5.
• E)the pigs must be using mixed strategies.

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Definitions:

CPT Codes

Current Procedural Terminology codes, a set of medical codes used to report diagnostic, medical, and surgical procedures for billing and documentation.

Evaluation And Management Codes

Codes used in medical billing to represent patient visits and assessments, dictating the level of care provided.

Compliance Plan

A process for finding, correcting, and preventing illegal medical office practices.

Medical Practice

The work or profession of a medical practitioner, involving the treatment and management of illnesses.