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Scenario: the Payoff Matrix Given Below Shows the Payoffs to Two

Question 13

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Scenario: The payoff matrix given below shows the payoffs to two firms in millions of U.S. dollars for choosing two alternative strategies. The first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player.
Scenario: The payoff matrix given below shows the payoffs to two firms in millions of U.S. dollars for choosing two alternative strategies. The first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player.    -Refer to the scenario above.Which of the following is true in this case? A)  This game has multiple Nash equilibria. B)  This game does not have a Nash equilibrium. C)  The dominant strategy equilibrium of this game is also its Nash equilibrium. D)  The dominant strategy equilibrium of this game is not Pareto efficient.
-Refer to the scenario above.Which of the following is true in this case?


A) This game has multiple Nash equilibria.
B) This game does not have a Nash equilibrium.
C) The dominant strategy equilibrium of this game is also its Nash equilibrium.
D) The dominant strategy equilibrium of this game is not Pareto efficient.

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