Table: Jim, Dan Payoff Table
Refer to the table. Which of the following outcomes is NOT a Nash equilibrium?
I. (12, 12)
II. (4, 4)
III. (8, 8)
IV. (3, 3)
A) I and IV only
B) II and IV only
C) III only
D) I and III only
Correct Answer:
Verified
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