Question
In 2020 Sept semester, your economics lecturer has decided that your class will not be graded on a curve but on an absolute scale. Therefore,
In 2020 Sept semester, your economics lecturer has decided that your class will not be graded on a curve but on an absolute scale. Therefore, it is possible for every student in the class to get an "A" if their marks over 85%. Your grade will not depend in any way on your classmates' performance. Based on this information, you decide that you should study microeconomics three hours each day in week 16, regardless of what your classmates do. From a game theory perspective, your decision to study microeconomics three hours each day is:
Select one:
a.a maximax strategy.
b.a Prisoners' Dilemma.
c.a maximin strategy.
d.a dominant strategy.
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