Use the Table Below to Answer Questions 5-7

question 22

Multiple Choice

Use the table below to answer questions 5-7.Assume it's a simultaneous-move game.

-If the game is played for 10 years,the Nash equilibrium will be

• A)Low,Low
• B)Low,High
• C)High,Low
• D)High,High

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Definitions:

Successes

Achievements of an aim or goal, generally bringing a sense of accomplishment and pride to the individual or group involved.

Failures

Instances or events when desired goals or expectations are not met, often viewed as opportunities for learning and improvement.

Overconfident

Characterized by an overly strong belief in one's abilities or outcomes, often more than is warranted by the reality.

Mathematical Skills

Abilities related to understanding, analyzing, and working with numbers and mathematical concepts.