The table given below describes the payoffs to Jack and Jill when each chooses to produce rock,scissors,or paper.The payoff matrix indicates the dollar payments from the loser to the winner.
Table 14-4
-Refer to Table 14-4.Assume for this question that "paper" is not allowed as a choice and identify the Nash equilibrium,if any.
A)(Rock,Rock)
B)(Scissors,Scissors)
C)(Rock,Scissors)
D)There is no Nash equilibrium.

Question

The table given below describes the payoffs to Jack and Jill when each chooses to produce rock,scissors,or paper.The payoff matrix indicates the dollar payments from the loser to the winner.
Table 14-4 
-Refer to Table 14-4.Assume for this question that "paper" is not allowed as a choice and identify the Nash equilibrium,if any.
A)(Rock,Rock) 
B)(Scissors,Scissors) 
C)(Rock,Scissors) 
D)There is no Nash equilibrium.

Quizplus · Accepted Answer

The Answer is A

The Table Given Below Describes the Payoffs to Jack and Jill