Which of the Following Statements About Nash Equilibrium Is True

question 26

Multiple Choice

Which of the following statements about Nash equilibrium is true?

• A)Every finite game has more than one Nash equilibrium.
• B)A pair of dominant strategies in a price-fixing game is always a Nash equilibrium.
• C)A dominance solvable game does not have a Nash equilibrium.
• D)Games with an infinite number of strategies have multiple Nash equilibria.

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Definitions:

Mental Representation

The mind's ability to hold a mirror to the world by representing objects, events, or states of affairs internally.

Recalled

Brought back into one's mind; remembered.

Flashbulb Memories

Vivid, detailed recollections of significant or traumatic events, which are imprinted with high clarity as if taken by a camera’s flash.

Vivid

Descriptive of something strikingly bright or intense, either visually or in terms of perception, making it likely to attract attention or create a strong impression.