In the Above Table,if the Players Use a Maximum Strategy

question 68

Multiple Choice

In the above table,if the players use a maximum strategy

• A) the equilibrium is for both firms to produce.
• B) the equilibrium choice is the same as using a regular, best response strategy.
• C) the equilibrium is for A to produce and B not to produce.
• D) the equilibrium is for B to produce and A not to produce.

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