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    Microeconomics Study Set 46
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    Exam 12: Game Theory
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    Suppose Two Players Use Strategies That Produce These Payoffs
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Suppose Two Players Use Strategies That Produce These Payoffs

Question 47

Question 47

Essay

Suppose two players use strategies that produce these payoffs: Suppose two players use strategies that produce these payoffs:    a. What are the pure-strategy Nash equilibria if any? b. What is the mixed-strategy Nash equilibrium?
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?

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