Multiple Choice
A dominant strategy exists when it is:
A) suboptimal for a firm to choose that strategy regardless of what its rival does.
B) optimal for a firm to choose that strategy regardless of what its rival does.
C) optimal for a firm to choose an other strategy regardless of what its rival does.
D) suboptimal for a firm to choose an other strategy regardless of what its rival does.
Correct Answer:
Verified
Correct Answer:
Verified
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