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(Solved): Consider the payoff matrix at right. A. The pair of strategies high outputhigh output and low ou ...



Consider the payoff matrix at right. A. The pair of strategies high output−high output and low output−low output are the only Nash equilibria. B. The pair of strategies high output−high output is the only Nash equilibrium. C. The pair of strategies low output−low output and low output−high output are the only Nash equilibrium. D. The pair of strategies low output−low output is the only Nash equilibrium. E. The pair of strategies high output−high output and high output−low output are the only Nash equilibria. . . . Question content area right Part 1 Firm AFirm BHigh OutputLow OutputLow OutputHigh Output$22$22$30$6$30$6$26$26



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