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Question 6 (0.5 points) When Chelsea chooses to be defensive, what is Manchester United's best response? Attack as 3>1 Defend as 1>0 Defend as 2>1
Question 6 (0.5 points) When Chelsea chooses to be defensive, what is Manchester United's best response? Attack as 3>1 Defend as 1>0 Defend as 2>1 Attack as 1>0Section 3 Questions 6-8 are based on the following information. Chelsea and Manchester United are playing each other in the Premier League today. The manager of each team can either be more aggressive and adopt an attacking strategy or be more conservative and adopt a defensive strategy. The payoffs from their strategy combinations are given below. The first number in each cell corresponds to Chelsea's payoff; the second number to Manchester United's payoff. Manchester United Attacking Defensive Chelsea Attacking 3,3 2,1 Defensive 0,1 1,0Question 7 (0.5 points) Select the true statement Manchester United has a dominant strategy in attacking Chelsea has a dominant strategy in attacking ONeither team has a dominant strategy Both Chelsea and Manchester United have dominant strategies in attackingQuestion 8 (0.5 points) What is the Nash Equilibrium of this game? O(Attack, Attack) O(Attack, Defend) O (Defend, Attack) (Defend, Defend) There are multiple Nash Equilibria
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