The ultimatum game works as follows:

Player A has $100

Player A makes an offer to player B of any amount between $0 and $100

Player B can accept or reject

If Player B accepts, they get amount offered and player A keeps the rest

If Player B rejects, neither gets anything

What is/are the Pareto efficient outcome(s) in this game?

the definition of the term "Pareto efficiency"?

In what ways are the following like public goods? In what ways are the following not like public goods? Why? Explain the meaning of any technical terms used in your answers.

a.Streaming services such as Spotify

b.Major highways, e.g., highway 401, highway 407, highway 417 etc.

c.Health care, for example, cancer treatment