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Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. 9,8 | 14, 14 18, 25 12, 19 23, 13
Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. 9,8 | 14, 14 18, 25 12, 19 23, 13 10, 18 14, 26 19, 21 a. What is player 1's optimal strategy? O Player 1 does not have an optimal strategy. O Strategy B O Strategy A b. Determine player 1's equilibrium payoff
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