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Use the following to answer question:
Figure 12.12 Use the following to answer question: Figure 12.12   -(Figure 12.12) a. What is the Nash equilibrium of this game? b. Is it credible for the United States to threaten to blow up the world if China invades Taiwan?
-(Figure 12.12)
a.
What is the Nash equilibrium of this game?
b.
Is it credible for the United States to threaten to blow up the world if China invades Taiwan?

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a. China invades Taiwan and the United S...

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