The table below shows the payoff matrix for players A and B to strategies X and Z.
-Refer to the payoff matrix above.This game has
A) no Nash equilibrium.
B) a Nash equilibrium because both players pick strategy X.
C) a Nash equilibrium because A picks strategy Z and B picks strategy X.
D) a Nash equilibrium because both players have made the best choice available to them.
E) a Nash equilibrium if both players pick strategy Z.
Correct Answer:
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