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    Microeconomics Study Set 46
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    Exam 12: Game Theory
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    (Table: Firms 1 and 2 IV) Payoffs Represent Profits in Millions
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(Table: Firms 1 and 2 IV) Payoffs Represent Profits in Millions

Question 93

Question 93

Multiple Choice

(Table: Firms 1 and 2 IV) Payoffs represent profits in millions of dollars. (Table: Firms 1 and 2 IV)  Payoffs represent profits in millions of dollars.   The Nash Equilibrium in this game is ____. A)  up, left B)  down, left C)  up, right D)  down, right The Nash Equilibrium in this game is ____.


A) up, left
B) down, left
C) up, right
D) down, right

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