Which of the Following Statements Is True of Nash Equilibrium

Multiple Choice

Which of the following statements is true of Nash equilibrium?

A) Each firm chooses its dominated strategy to arrive at a Nash equilibrium.
B) In a Nash equilibrium,both firms are always worse off than if they had colluded.
C) Each firm always chooses the strategy with the lower payoff to arrive at a Nash equilibrium.
D) In a Nash equilibrium,each firm's choice is the best one given the strategy of the other player.