Which outcome do you expect

Assignment Help Business Economics

Reference no: EM13160102

While grading a final exam, an economics professor discovers that two students have virtually identical answers. She is convinced the two cheated but cannot prove it. The professor speaks with each student separately and offers the following deal:

Sign a statement admitting to cheating. If both students sign the statement, each will receive an for the course. If only one signs, he is allowed to withdraw from the course while the other student is expelled. If neither signs, both receive a because the professor does not have sufficient evidence to prove cheating.

a. Draw the payoff matrix.

b. Which outcome do you expect? Why?

Reference no: EM13160102

Questions Cloud

Calculate the ph of a solution : Calculate the pH of a solution prepared by mixing 250. mL of 0.174 m aqueous HF (density = 1.10 g/mL) with 38.7 g of an aqueous solution that is 1.50% NaOH by mass (density = 1.02 g/mL).

How many atoms are in a sample of molybdenum : How many atoms are in a 256.3 g sample of Molybdenum?

Acceptance for an organization development program : What strategies might be used in gaining acceptance for an organization development program?

What is the value of reworking the action figures : What is the value of reworking the action figures and selling them to the toy store? Is the fact that Toys Ahoy! spent $6.25 to produce each action figure relevant to your value computations?

Which outcome do you expect : If neither signs, both receive a because the professor does not have sufficient evidence to prove cheating. Draw the payoff matrix. Which outcome do you expect? Why?

Determine the heat of formation of sulfuric acid : Determine the heat of formation of sulfuric acid, H2SO4 (l) from the following thermochemical equations: S8(s) + 8 O2(g)-->8SO2(g) H= -2374.6 kJ S8(s) + 12O2(g)-->8SO3(g) H=-3165.8 kJ H2O(l)+SO3(g)-->H2SO4(l) H=-132.3 kJ 2H2(g)+O2(g)-->2H2O(l) H=..

Company forecasts the total overhead : The Thomlin Company forecasts that total overhead for the current year will be $15,000,000 and that total machine hours will be 200,000 hours. Year to date, the actual overhead is $15,500,000 and the actual machine hours are 220,000 hours.

Explain precipitated with excess par aperiodic acid : The mercury in a 0.7325 gram unknown sample was precipitated with excess par aperiodic acid, H6IO5, according to the following balanced chemical equation:

Analyze statements about accounting and recording process : Analyze statements about accounting and the recording process. Josh Cephus has prepared the following list of statements about accounts.

User Account

All Pages