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Scenario 1 - You own a vegetarian restaurant. You are now negotiating with your business supplier over the price of vegetables for a weekly supply

Scenario 1 - You own a vegetarian restaurant. You are now negotiating with your business supplier over the price of vegetables for a weekly supply to your restaurant. You value the vegetable supply arrangements at $500. The business's supplier cost for the weekly vegetable arrangement is $200. You both finally settled on a price of $250 for a weekly supply of vegetables to your restaurant. Refer to Scenario 1. In game theory, your negotiations are an example of:

Select one:

a.a competitive game.

b.a cooperative game.

c.a noncooperative game.

d.a prisoner dilemma game

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