Multiple Choice
If Boring were able to move first in a sequential version of the game in Scenario 13.15, the equilibrium would be:
A) an $80 price for Simple and a $70 price for Boring.
B) an $80 price for Simple and a $25 price for Boring.
C) a $35 price for Simple and a $70 price for Boring.
D) a $35 price for Simple and a $25 price for Boring.
E) a mixed strategy equilibrium.
Correct Answer:
Verified
Correct Answer:
Verified
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