Bob and tom are two criminals who have been arrested for burglary. the police put tom and bob in separate cells. they offer to let bob go free if he confesses to the crime and testifies against tom. bob is also told that he will serve a 15-year sentence if he remains silent while tom confesses. if he confesses and tom also confesses, they will each serve a 10-year sentence. separately, the police make the same offer to tom. assume that if bob and tom both remain silent, the police only have enough evidence to convict them of a lesser crime and they will serve 3-year sentences. a. use this information to write a payoff matrix for bob and tom. b. does bob have a dominant strategy? if so, what is it? c. does tom have a dominant strategy? if so, what is it? d. what sentences do bob and tom serve? how might they have avoided this outcome?

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.