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Test: AP Microeconomics
1. | In a game with two or more players, a dominant strategy refers to a strategy that _________. |
results in a larger payoff than any other strategy regardless of the strategies chosen by any other players.
results in a smaller payoff than any other strategy regardless of the strategies chosen by any other players.
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 except when another player has a dominant strategy as well.
Soren
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