Multiple Choice
Figure 3.1 : Homer and Marge have been accused of committing a crime, and the payoff matrix below represents the payoffs associated with confessing to the crime and denying having committed the crime.
-Refer to Figure 3.1. A Nash Equilibrium occurs where
A) Homer confesses to committing the crime and Marge denies committing the crime.
B) Marge confesses to committing the crime and Homer denies committing the crime.
C) Homer and Marge both confess to committing the crime.
D) Homer and Marge both deny committing the crime.
Correct Answer:

Verified
Correct Answer:
Verified
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