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Author Question: Refer to Scenario 15.5. What is the total amount Catherine will lose in earnings by being a smoker, ... (Read 41 times)

EAugust

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on: Jul 1, 2018
Refer to Scenario 15.5. What is the total amount Catherine will lose in earnings by being a smoker, if she works now and continues until age 65?
 
  A) 1500
  B) 67,500
  C) 90,000
  D) 97,500
  E) 120,000

Question 2

Which is true about dominant strategies in the game in Scenario 13.15?
 
  A) 80 is dominant for Simple; 70 is dominant for Boring.
  B) 80 is dominant for Simple; 25 is dominant for Boring.
  C) 35 is dominant for Simple; 70 is dominant for Boring.
  D) 35 is dominant for Simple; 25 is dominant for Boring.
  E) There are no dominant strategies in the above game.


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pocatato

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


EAugust

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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