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Consider the following game. Player 1's set of actions is {U, M, D} and player 2's set of actions is {L, C, R, T}. C

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Consider the following game. Player 1's set of actions is {U, M, D} and player 2's set of actions is {L, C, R, T}. C R T U 3,2 9,1 2,1 9,4 M 0,8 2,1 8,5 4,2 D 2, 4 3,2 9 , X 2 , 3 Which of the following statement is correct? There exists a value of x such that player 2 has a strictly dominant strategy. 11. There exists a value of x such that strategy D dominates some other strategies. 111. There exists a value of x such that (D, R) is a NE. II only I only O ll and Ill only O I and ll only None of the statement is correct

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