Which of the Following Is True of Nash Equilibrium

question 7

Multiple Choice

Which of the following is true of Nash equilibrium?

• A) There is no strategic interdependence between ?rms that are in Nash equilibrium.
• B) It occurs when each player does what is best for themselves, given their rivals' possible
• C) It tends to be more unstable than a market equilibrium.
• D) A Nash equilibrium is the same as a tangency equilibrium.

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An individual authorized to act on behalf of another person or entity, often in a legal or business setting.

Question of Fact

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The act of planning or plotting in advance, often used in legal contexts to imply forethought prior to committing a crime.