Question

Characterize each of the following as a positive-sum game, a zero-sum game, or a negative-sum game.

a. Office workers contribute$S10$each to a pool of funds, and whoever best predicts the winners in a professional sports playoff wins the entire sum.

b. After three years of fighting with large losses of human lives and materiel, neither nation involved in a war is any closer to its objective than it was before the war began.

c. Two collectors who previously owned incomplete and nearly worthless sets of trading cards exchange several cards, and as a result both end up with completed sets with significant market value.

Short answer

(a) As a result, it can be considered a zero-sum game.

(b) There is no profit on the land. This makes the game one-sided.

(c) Two collectors win. As a result, there are benefits to bothparties.

Step-by-step solution

Given information

The sentences are as follows: (a).

A professional sports playoff takes home the entire pot.

Explanation (a)

(a) If aemployee efficiently predicts the winner, hemight be paid in full. Simultaneously, the committee will incur amonetary loss. As a result,it may betaken into consideration a zero-sum game.

Given information

The sentences are as follows: (b).

After 3 years of preventing with big human andcloth losses,

Explanation (b)

(B) During the battle, theland suffers from both human and physicalcasualties. The country does not get anything financially. As a result, the game is azero-sum game.

Step 5:Given information 

The given information are : (c)

Two collectors who previously owned incomplete

Explanation (c)

C) In a given situation, creditors are ahead. As a result,it's miles acollectively useful situation.