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Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. Player 2 Strategy C D E F A 6, 14
Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions. Player 2 Strategy C D E F A 6, 14 7, 11 18, 20 10, 19 Player 1 B 12, 5 15, 1 7, 25 16, 17 a. What is player 1's optimal strategy? Player 1 does not have an optimal strategy. Strategy B O Strategy A b. Determine player 1's equilibrium payoff. 18
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