Multiple Choice
Consider a version of the Tragedy of the Commons in which herder 1 and 2 simultaneously choose to graze quantities of sheep and ,respectively,and in which the payoff functions are for 1 and for 2.The Nash equilibrium is
A) 100.
B) 60.
C) 40.
D) 33.3.
Correct Answer:

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Correct Answer:
Verified
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