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    Microeconomics Study Set 32
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    Exam 12: Game Theory
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    Use the Following to Answer Question
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Use the Following to Answer Question

Question 45

Question 45

Multiple Choice

Use the following to answer question:
Table 12.8 Use the following to answer question: Table 12.8   -(Table 12.8)  Payoffs represent profits measured in thousands of dollars. Which of the following outcomes represent(s)  a Nash equilibrium?   A)  II and I B)  II C)  II and III D)  III and IV
-(Table 12.8) Payoffs represent profits measured in thousands of dollars. Which of the following outcomes represent(s) a Nash equilibrium? Use the following to answer question: Table 12.8   -(Table 12.8)  Payoffs represent profits measured in thousands of dollars. Which of the following outcomes represent(s)  a Nash equilibrium?   A)  II and I B)  II C)  II and III D)  III and IV


A) II and I
B) II
C) II and III
D) III and IV

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