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Suppose that Tomas and Angel are considering buying a PlayStation for the apartment they share. Each of them makes an independent decision about whether or
Suppose that Tomas and Angel are considering buying a PlayStation for the apartment they share. Each of them makes an independent decision about whether or not to buy the PlayStation, and it is purchased as long as at least one of them decides to buy. They each value the PlayStation at $240. The price is $280. 3rd attempt Part 1 (3 points) If only one of them decides to buy, the one who buys gets a payoff of $ while the other gets a payoff of $ . If they both decide to buy, they each pay the full price and earn a payoff of $ . If neither of them buys, then each gets a payoff of zero
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