Business, 30.12.2019 23:31 daniboyytusa

Which of the following best describes a nash equilibrium? an outcome from which one or both competitors can improve their position by adopting an alternative strategy. the unstable outcome of a repeated game. an outcome that is stable only because of credible threats. an outcome that both competitors see as optimal, given the strategy of their rival.

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Which of the following best describes a nash equilibrium? an outcome from which one or both competi...