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  2. Topic
    Mathematics
  3. Study Set
    Game Theory in Business and Economics
  4. Exam
    Exam 2: Noncooperative, One-Time, Static Games
  5. Question
    -Refer to Figure 2
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-Refer to Figure 2

Question 77

Question 77

Multiple Choice

  -Refer to Figure 2.1, which represents the normal form of a non-cooperative, simultaneous-move, one-time game. If larger payoffs are preferred, _____ has/have a strictly dominant strategy? A)  Firm A B)  Firm B C)  Both firms D)  Neither firm
-Refer to Figure 2.1, which represents the normal form of a non-cooperative, simultaneous-move, one-time game. If larger payoffs are preferred, _____ has/have a strictly dominant strategy?


A) Firm A
B) Firm B
C) Both firms
D) Neither firm

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