Multiple Choice
Consider the same game between the fishermen in the previous question.How does the total number of fish caught in the Nash equilibrium compare to the number they would catch if they belonged to same company,sharing revenues and costs equally?
A) No change.
B) They would catch more if they worked in the same company.
C) They would catch less if they worked in the same company.
D) Not enough information to answer.
Correct Answer:

Verified
Correct Answer:
Verified
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