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Hi, could someone answer and explain this question? There are two slides for this question. Thanks, 6. You and a classmate are assigned a project

Hi, could someone answer and explain this question? There are two slides for this question.

Thanks,

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6. You and a classmate are assigned a project on which you w} receive one combined grade. You each want to receive a good grade, but you also want to avoid hard work In particulax, here is the situation: 0 If both of you work hard, you both get an A, which gives each ofyou 40 units of happiness. Ifonly one of you works hard you both get 3-3,: ' whidu give; each of you 30 units of happiness .- Ifneitherofyou worbhariyou bothgetaDr 2. which gives each of you 10 units of happiness... Working hard costs 25 units of happiness. ' . Fill in the payoffs in the following decision box: Shirk . What is the likely outcome? Explain your answer. ' . Ifyou get tlsciassmateas'yourparmgonaseries of projeds tlmoughout the year, rather man only once, how might that change the Outcome you predicted in part (b)? . Another classmate cares more about good grades: She gets 50 units ofhappiness fora B,and80tmils of happiness for an A. If this classmate were your partner (but your preferences were unchanged), how would your were to parts (a) and (b) change? Which of the two classmates would you prefer as a partner? Would she also want you as'a Farmer

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