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If Nike and Adidas Are Faced with the Game in the Figure

Question 59

Multiple Choice

  If Nike and adidas are faced with the game in the figure shown, we can predict: A) an outcome that is good for society but less than ideal for these companies. B) an outcome that is less than ideal for society, but optimal for these companies. C) that both companies will choose their dominant strategies, and society will lose. D) None of these is likely to happen. If Nike and adidas are faced with the game in the figure shown, we can predict:


A) an outcome that is good for society but less than ideal for these companies.
B) an outcome that is less than ideal for society, but optimal for these companies.
C) that both companies will choose their dominant strategies, and society will lose.
D) None of these is likely to happen.

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