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According to the graph below,which of the following relationships between cell-type numbers is correct?
Payoff
Value associated with a possible outcome.
Optimal Strategy
Strategy that maximizes a player’s expected payoff.
Auctioned
A method of sale where goods or services are sold to the highest bidder.
Highest Bidder
The individual or party that offers the most money for an item in an auction or competitive bidding situation.
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