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Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions.   Player...

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Economics

Use the following payoff matrix for a simultaneous-move one-shot game to answer the accompanying questions.   Player 2 StrategyCDEFPlayer 1A7, 1619, 2423, 812, 14B18, 77, 2221, 915, 14 a. What is player 1’s optimal strategy? multiple choice Strategy B Strategy A Player 1 does not have an optimal strategy. b. Determine player 1’s equilibrium payoff.

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