If the group is optimistic, what decision should they make?

A group of friends are planning a recreational outing and have constructed the following payoff table to help them decide which activity to engage in. Assume that the payoffs represent their level of enjoyment for each activity under the various weather conditions.

Weather
Cold Warm Rainy
S1 S2 S3

Bike: A1 10 8 6
Hike: A2 14 15 2
Fish: A3 7 8 9

Answer: A2

Business

You might also like to view...

Connecting various links to a corporation's online personality can be accomplished using what?

A) Social media B) A central hub C) LinkedIn D) A specific media personality E) User generated content

Business

Nicholas works for a marketing firm, which is looking to cut staff due to financial hardships. Since Nicholas is nearing 70 years old, the company decides to encourage him to retire by offering him various financial incentives

This worker buyout is also known as a(n) ________.A) bonus B) golden parachute C) incentive-payment structure D) commission E) age discrimination case

Business