The Equilibrium Solution for the Following Payoff Matrix Is A) ?1, ?1
B) 5, 0

question 29

Multiple Choice

The equilibrium solution for the following payoff matrix is: $\begin{array} { | l | l | l | } \hline & { \text { A } } & \text { A } \\\hline B & \text { A: } - 1 , B : - 1 & \text { A: } 5 , B : 0 \\\hline B & \text { A: } 2 , B : 2 & \text { A: } 10 , B : 1 \\\hline\end{array}$

• A) ?1, ?1.
• B) 5, 0.
• C) 2, 2.
• D) 10, 1.

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Definitions:

Documentary Collection

A banking process where the seller's bank collects payment for goods from the buyer, against delivery of certain documents.

Exporter's Bank

A financial institution that provides services and financing to companies involved in exporting goods and services abroad.

Collecting Payment

The process of receiving money owed for goods or services provided.

Mutual Funds

Pooled and repackaged shares of various stocks—as well as other assets like bonds, real estate, and commodities—that allow individual investors to buy smaller stakes in more companies.