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Dave decides to grade the nal exam such that the top half of students get an HD and the bottom half an F. Now suppose

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Dave decides to grade the nal exam such that the top half of students get an HD and the bottom half an F. Now suppose that there are two types of student's with equal numbers in the class, the Nerds and the Slackers. If they both decide to study or they both decide to party, then the Nerds will get the HD's but if the Nerds party and the Slackers study, then the Slackers will get the HD's. Both groups of student's dislike studying but both like good grades. The payoff matrix looks like this Slackers Study Party Nerds Characterize the Nash equilibrium or equilibria

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