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1. (3 marks) Consider a Bayesian game in which every player has K-many types and Mmany actions for each type. Calculate the number of strategies

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1. (3 marks) Consider a Bayesian game in which every player has K-many types and Mmany actions for each type. Calculate the number of strategies for each agent in this game. Explain by referring to the definition of a strategy in a Bayesian game. [Maximum word limit for this question is 80 words]

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