Which of the following is true of a dominant strategy?
A) A dominant strategy guarantees a player a higher payoff than its competitor.
B) A dominant strategy calls for a contingent course of action.
C) A dominant strategy is the best response to any strategy that the other player might select.
D) A dominant strategy minimizes the other player's payoff.
E) A player has to have a dominant strategy in order to earn a profit.
Correct Answer:
Verified
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