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    Microeconomics
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    Exam 11: Game Theory and the Tools of Strategic Business Analysis
  5. Question
    A State in Which No Player Will Wish to Change
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A State in Which No Player Will Wish to Change

Question 1

Question 1

True/False

A state in which no player will wish to change his or her behavior given the behavior of the other players is known as equilibrium.

Correct Answer:

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