When There Is No Equilibrium (Or No Nash Equilibrium),we Expect

question 33

Multiple Choice

When there is no Equilibrium (or no Nash Equilibrium) ,we expect that:

• A) the firms end up in the cooperative strategy.
• B) a firm will follow a randomized strategy.
• C) a firm will not care what it does.
• D) a firm will very likely have a dominant strategy.

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Definitions:

Differential Carrier

the housing that contains the differential gear set in a vehicle, allowing for the difference in wheel speed between the driving wheels.

GL-5

A classification of gear lubricants, indicating the oil is suitable for high-pressure conditions and hypoid gears, common in automotive differentials.

TranSynd

A synthetic heavy-duty automatic transmission oil recommended by Allison, which states that it extends oil change intervals by 300 percent.

CD-50

A classification of heavy-duty gear oil, with "CD-50" indicating the oil's viscosity and performance characteristics according to specific standards.