If the payoffs from strategy Y are always greater than strategy X, Group of answer choices strategy Y strictly dominates strategy X. strategy X strictly dominates strategy X. strategy X strictly dominates strategy Y. than the payoffs are a Nash equilibrium.

If the payoffs from strategy Y are always greater than strategy X, Group of answer choices strategy Y strictly dominates strategy X. strategy X strictly dominates strategy X. strategy X strictly dominates strategy Y. than the payoffs are a Nash equilibrium.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter15: Oligopoly And Strategic Behavior

Section: Chapter Questions

Problem 17P

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Question

If the payoffs from strategy Y are always greater
than strategy X,
Group of answer choices
strategy Y strictly dominates strategy X.
strategy X strictly dominates strategy X.
strategy X strictly dominates strategy Y.
than the payoffs are a Nash equilibrium.

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