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Use the Following Table to Answer the Question : Table

Question 38

Multiple Choice

Use the following table to answer the question : Table 14-4 : describes the payoffs to Jack and Jill when each chooses to produce rock,scissors,or paper.The payoff matrix indicates the dollar payments from the loser to the winner.
Use the following table to answer the question : Table 14-4 : describes the payoffs to Jack and Jill when each chooses to produce rock,scissors,or paper.The payoff matrix indicates the dollar payments from the loser to the winner.   -Refer to Table 14-4.Assume for this question that  paper  is not allowed as a choice and identify the Nash equilibrium,if any. A) (Rock,Rock)  B) (Scissors,Scissors)  C) (Rock,Scissors)  D) There is no Nash equilibrium.
-Refer to Table 14-4.Assume for this question that "paper" is not allowed as a choice and identify the Nash equilibrium,if any.


A) (Rock,Rock)
B) (Scissors,Scissors)
C) (Rock,Scissors)
D) There is no Nash equilibrium.

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