considering the following situation: You are the President of a student organization on campus. You and the treasurer of the organization decide to put on a bake sale to raise money for the organization. Suppose just you and the treasurer are going to be the sole workers of the bake sale, Each of you has a decision to make, to show up to the bake sale to sell the provided goods and thus earn money for the organization or not to show up to the bake sale to sell the provided goods and not earn money for the organization. As long as one of you shows up for the bake sale, the bake sale will "run" and the organization will earn money. Earning money for the organization is important to both of you and if the bake sale runs, you
each get a payoff of 50 regardless if you show up or not. If the bake sale does not run, you and the treasurer will earn a payoff of 10 (the organization didn't earn any money but you each feel good that you thought to help raise funds for the organization). Suppose you are in your final semester of school and are graduating shortly. The cost of showing up to the bake sale is very high, it costs a payoff of 30, for you as you have many things to do to prepare for graduation. The cost of showing up to the bake sale for the treasurer is lower, it costs a payoff of 20, as he is in his first semester and is not preparing to graduate this semester.
Which 2x2 matrix below adequately depicts the situation described above?

Q&A Education