The Dominant-Strategy Equilibrium in a Game Implies That Each Firm:​

Multiple Choice

The dominant-strategy equilibrium in a game implies that each firm:​

A) ignores the reactions of competitors.
B) colludes with competitors to maximize industry profits.
C) ignores the decisions of the other firms.
D) takes all potential bits of information into consideration before making a decision.
E) selects the optimal solution to a game.