Scenario 13.5 Consider the Following Game

question 41

Multiple Choice

Scenario 13.5
Consider the following game:
-In the game in Scenario 13.5,

• A) there is one equilibrium: for both to expand West.
• B) there is one equilibrium: for both to expand South.
• C) there are two equilibria: either can expand in the West, and the other expands in the South.
• D) there is only a mixed strategies equilibrium.
• E) all four outcomes are equilibria.