Games:
A) only have one outcome possible.
B) with noncooperative equilibriums are always negative-negative outcomes.
C) may have several stable outcomes.
D) must have a dominant strategy present to reach a stable equilibrium.

Question

Quizplus · Accepted Answer

Games may have several stable outcomes, also known as equilibria. These equilibria can be a result of both cooperative and noncooperative strategies. Therefore, option C is the best choice. Option A is incorrect as games can have multiple outcomes depending on the players' strategies. Option B is incorrect as noncooperative equilibria can result in both positive and negative outcomes. Option D is incorrect as stable equilibria can be reached through various mechanisms, not just a dominant strategy.