Scenario: To win candy bars, Tom and Sam are playing a game in which they are blindfolded and are asked to raise either their right hand or their left hand when a bell rings. The matrix below shows their payoffs in different situations. Payoff here denotes the number of candy bars they get. The first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player.
-Refer to the scenario above.Which of the following is true?
A) This game does not have a dominant strategy equilibrium.
B) This game does not have a Nash equilibrium.
C) This game has two Nash equilibria.
D) This game has a unique Nash equilibrium.
Correct Answer:
Verified
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