The following payoff matrix shows the payoffs for Firm 1 from strategies R1,R2,and R3,in a zero-sum game:
Figure 10-3

-Refer to Figure 10-3.The equilibrium of the zero-sum game is:
A)R1 versus C1.
B)R1 versus C2.
C)R2 versus C2.
D)R3 versus C3.
E)R2 versus C3.

Question

The following payoff matrix shows the payoffs for Firm 1 from strategies R1,R2,and R3,in a zero-sum game:
Figure 10-3
 
-Refer to Figure 10-3.The equilibrium of the zero-sum game is:
A)R1 versus C1. 
B)R1 versus C2. 
C)R2 versus C2. 
D)R3 versus C3. 
E)R2 versus C3.

Quizplus · Accepted Answer

The equilibrium of the zero-sum game is R3 versus C3 because it is the only cell where neither player can improve their payoff by changing their strategy.

The Following Payoff Matrix Shows the Payoffs for Firm 1