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  2. Topic
    Mathematics
  3. Study Set
    Game Theory in Business and Economics
  4. Exam
    Exam 1: Introduction to Game Theory
  5. Question
    -Consider the Advertising Game Depicted in Figure 1
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-Consider the Advertising Game Depicted in Figure 1

Question 9

Question 9

Multiple Choice

  -Consider the advertising game depicted in Figure 1.6 in which payoffs are in thousands of dollars. If larger payoffs are preferred, the Nash equilibrium strategy profile for this game is: A)  {Magazines, Newspapers}. B)  {Magazines, Television}. C)  {Radio, Newspapers}. D)  {Radio, Television}.
-Consider the advertising game depicted in Figure 1.6 in which payoffs are in thousands of dollars. If larger payoffs are preferred, the Nash equilibrium strategy profile for this game is:


A) {Magazines, Newspapers}.
B) {Magazines, Television}.
C) {Radio, Newspapers}.
D) {Radio, Television}.

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