Question

Figure 12.1

Reference: Ref 12-19


(Figure 12.1) Which table corresponds to the tree-form game above?

Group of answer choices

(a)

Firm B
Up Down
Firm A High (8, 12) (10, 4)
Low (9, 16) (12, 3)

(b)

Firm B
Up Down
Firm A High (8, 12) (9, 16)
Low (10, 4) (12, 3)

(c)

Firm B
Up Down
Firm A High (8, 12) (12, 3)
Low (9, 16) (10, 4)

(d)

Firm B
Up Down
Firm A High (9, 16) (8, 12)
Low (12, 3) (10, 4)Figure 12.1 A,B 8,12 Up В. High Down 9,16 Ad 10,4 Low Up Down 12,3 Reference: Ref 12-19 (Figure 12.1) Which table corresponds
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Answer #1

Looking at the tree form game given and the payoffs being shown, we can see that the payoff matrix which corresponds to the game tree is option B. So, option B is the correct answer.

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Figure 12.1 Reference: Ref 12-19 (Figure 12.1) Which table corresponds to the tree-form game above? Group...
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