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Suppose the Simultaneous-Move Game Depicted Above Could Be Turned into a Sequential-Move

Question 52

Multiple Choice

Suppose the simultaneous-move game depicted above could be turned into a sequential-move game with player 1 moving first.In this case, a _____________ advantage exists and the equilibrium payoffs will be _____________.


A) first-mover; ($15,$30)
B) second-mover; ($50,$5)
C) first-mover; ($40,$2)
D) second-mover; ($15,$30)

Correct Answer:

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