Refer to the following payoff matrix:Player 1Player 2??ab?A$50,$5$25,$30?B$40,$2$20,$1The Nash equilibrium for the simultaneous-move game depicted in the payoff matrix is:
A. {(A,a)}.
B. {B,b)}.
C. {(A,a) and (A,b)}.
D. There is no pure strategy Nash equilibrium to this game.
Answer: B
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