Multiple Choice
In a two-player game, which of the following is a Nash equilibrium?
A) Each player chooses a strategy that is optimal given the other's choice.
B) The quantity supplied by one player is equal to the quantity demanded by the second player.
C) Both players have excess capacity.
D) Both players are duopolists in an oligopolistic industry.
Correct Answer:

Verified
Correct Answer:
Verified
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