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Consider the game shown below. In this game, players 1 and 2 must move at the same time without knowledge of the other player's move.
Consider the game shown below. In this game, players 1 and 2 must move at the same time without knowledge of the other player's move. Player 1's choices are shown in the row headings (A/B), Player 2's choices are shown in the column headings (C/D). The first payoff is for the row player (Player1) and the second payoff is for the column player (Player 2). Highlight the correct answer: Player 1 (1 point): a. Has a dominant strategy to choose A b. Has a dominant strategy to choose B c. Has a dominant strategy to choose C d. Has a dominant strategy to choose D e. Does not have a dominant strategy Player 2 (1 point): a. Has a dominant strategy to choose A b. Has a dominant strategy to choose B c. Has a dominant strategy to choose C d. Has a dominant strategy to choose D e. Does not have a dominant strategy The Nash equilibrium outcome to this game is ( 1 point): a. A/C b. A/D c. B/C d. B/D e. There is no pure strategy Nash equilibrium for this game
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