Which of the Following Is True

question 18

Multiple Choice

Which of the following is true?

• A)All games have at least a dominated strategy.
• B)All games have at least a dominant strategy.
• C)Games may or may not end up having dominated or dominating strategies.
• D)A Nash equilibrium in pure strategies requires at least a dominating strategy.

---

Definitions:

Dividend Income

Income received from owning shares of a company which pays out earnings to its shareholders.

Shares

Units of ownership interest in a corporation or financial asset, providing a portion of the profits to shareholders in the form of dividends.

Annual Coupon

Annual Coupon refers to the yearly interest payment that bondholders receive from the bond's issue date until it matures.

Face Value

Face value refers to the nominal value or original cost of a security as stated by its issuer, crucial for calculating interest payments for bonds.