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    Economics Principles and Policy Study Set 2
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    Exam 13: Between Competition and Monopoly
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    A Nash Equilibrium Is
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A Nash Equilibrium Is

Question 117

Question 117

Multiple Choice

A Nash equilibrium is


A) the same as a dominant strategy.
B) is the outcome where a player has selected her best strategy, given the choices of the other players.
C) occurs in a game when a cartel solution is reached.
D) occurs when one player can change her strategy and be better off.

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