Suppose sean and yvette are playing a game in which both must simultaneously choose the action left or right. the payoff matrix that follows shows the payoff each person will earn a function of both of their choices. for example, the lower-right cell shows that if sean chooses right and yvette chooses right, sean will receive a payoff of 3 and yvette will receive a payoff of 8. in the table, sean's payoffs are shown first, and yvette's second.

left right
left 3, 7 2, 6
right 4, 5 3, 8

a) what is the only dominant strategy in this game?

b) what should sean and yvette choose for the outcome to

Which of the following is a reason why it is important for students to study strategy and the strategic management process? answers: studying strategy and the strategic management process can give students tools to evaluate the strategies of firms that may employ them.it can be very important to a new hire's career success to understand the strategies of the firm that hired them and their place in implementing these strategies.while strategic choices are generally limited to very experienced senior managers in large organizations, in smaller and entrepreneurial firms many employees end up being involved in the strategic management process.all of these.

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?

The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.