Multiple Choice
Consider a game involving two players 1 and 2.Both players have two choices of actions, Left Lor Right R.If both players choose L, the payoff to both players is 5.If both choose R, they each get a payoff of 2.If player 1 chooses L and player 2 chooses R, the payoff is 2 for player 1 and 0 for player 2.If player 1 chooses R and player 2 chooses L, the payoff is 0 for player 1 and 2 for player 2.What is a Nash Equilibrium of this game?
A) Both players choose L
B) Player 1 chooses L and player 2 chooses R
C) Player 1 chooses R and player 2 chooses L
D) All of the above
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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