Identify the Statement That Best Defines Nash Equilibrium

Multiple Choice

Identify the statement that best defines Nash equilibrium.

A) It is a set of strategies in which a firm does the best it can,given the action of its rival.
B) It is a sequence of actions,where the actions are taken at each node of the game.
C) It is a set of strategies that gives a player the first-mover advantage.
D) It is a sequence of actions that are taken to influence the actions of rivals.