Which of the Following Is True

question 104

Multiple Choice

Which of the following is true?

• A) A dominant strategy equilibrium always leads to the best outcome for each player.
• B) A dominant strategy equilibrium cannot be a Nash equilibrium.
• C) A dominant strategy equilibrium is a Nash equilibrium if each player chooses a strategy that is a best response to the strategies of others.
• D) A dominant strategy equilibrium occurs if the sum of the players' payoff is zero.

---

Definitions:

Financial Indicator

A metric used to gauge the financial health or performance of a business, market, or economy.

Retail Space

Retail space refers to premises used to conduct retail operations where goods and services are sold directly to consumers.

Sales Per Square Foot

A metric used to evaluate the efficiency of a retail space, indicating the average revenue generated per square foot of sales area.

Selling Area

The physical or digital space where products or services are displayed and offered to consumers for purchase.