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Test: AP Microeconomics
1. | In a game with two or more players, a dominant strategy refers to a strategy that _________. |
never results in a Nash equilibrium.
results in a smaller payoff than any other strategy except when another player has a dominant strategy as well.
results in a larger payoff than any other strategy regardless of the strategies chosen by any other players.
results in a larger payoff than any other strategy except when another player has a dominant strategy as well.
results in a smaller payoff than any other strategy regardless of the strategies chosen by any other players.
Catherine
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Siena College, Bachelor in Arts, American Studies. SUNY at Albany, Master of Arts, History.
Gordon
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Arizona State University, Bachelor of Science, Biological and Physical Sciences.
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