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    Managerial Economics and Business Strategy Study Set 2
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    Exam 10: Game Theory: Inside Oligopoly
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    Refer to the Payoff Matrix Below
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Refer to the Payoff Matrix Below

Question 1

Question 1

Multiple Choice

Refer to the payoff matrix below. Refer to the payoff matrix below.   Which of the following pairs of strategies constitutes a Nash equilibrium of the game? A)  S1, t1 B)  S1, t2 C)  S2, t1 D)  S1, t2 and S2, t1 Which of the following pairs of strategies constitutes a Nash equilibrium of the game?


A) S1, t1
B) S1, t2
C) S2, t1
D) S1, t2 and S2, t1

Correct Answer:

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