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A Nash equilibrium is a situation: a) in which one player could benefit from changing strategies given the strategy of the other player. b) that

A Nash equilibrium is a situation:

a)

in which one player could benefit from changing strategies given the strategy of the other player.

b)

that maximizes the collective gains to both players.

c)

in which neither player in the game has an incentive to change strategies given the strategy of the other player.

d)

in which players play nondominant strategies.

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