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Suppose that two players simultaneously submit bids for a share of $250.Bids must be $50 increments.If the sum of the bids does not exceed $250

  1. Suppose that two players simultaneously submit bids for a share of $250.Bids must be $50 increments.If the sum of the bids does not exceed $250 then both players receive the amount of their bid.If the sum of the bids exceeds $250 then the game ends and the players received nothing.This Nash bargaining game has __________ Nash equilibrium strategy profiles.
  2. 0
  3. 1
  4. 7
  5. 6
  6. 21

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