Consider a Two-Person,two-Strategy Game in Which Only Pure Strategies Are

question 38

Multiple Choice

Consider a two-person,two-strategy game in which only pure strategies are played.Such a game must have at least one

• A) Nash equilibrium.
• B) player with a dominant strategy.
• C) Pareto-optimal outcome.
• D) outcome that is both a Nash equilibrium and Pareto optimal.

---

Definitions:

Potential Profit

The projected or anticipated profit from a business activity or investment, considering current or expected conditions.

Transfer Price

Transfer price refers to the price at which goods and services are sold between departments or subsidiaries within the same company.

Selling Division

The division or section of a company responsible for sales activities and interfacing with customers to sell products or services.

Buying Division

A department or segment within a company responsible for purchasing goods, materials, or services.