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KonstantinChe [14]
3 years ago
15

Elly owns a small coffee shop. she has only one employee. one​ weekend, she decided to take a break from work. she is wondering

whether she should trust her employee to run the shop in her absence. if she does not trust​ him, she would have to keep the shop​ closed, in which case neither she nor her employee will be able to make money. on the other​ hand, if she trusts​ him, he can either cooperate and run the​ shop, or he can defect and steal from the shop. if he​ cooperates, both of them will earn money. if he steals from the​ shop, he will make more money while she will lose. refer to the scenario above. elly should use​ ________ to make her decision.
a. forward induction
b. mixed strategies
c. backward induction
d. her dominant strategy
Business
1 answer:
Rudiy273 years ago
5 0
<span>The answer to your question is 
</span>\boxed{\bf C.~backwards~induction}&#10;<span>

</span>
\bf Explanation:
<span>
Backward induction is a process of decision making where you reason backward of the situation. 
</span><span>
Hope this helped!</span>
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<h3>Project Filter</h3>

When looking or searching for a particular project  that meet your requirement  in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;

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