Answer questions 10 through 13 based on the following normal form game. Player A
ID: 1220272 • Letter: A
Question
Answer questions 10 through 13 based on the following normal form game. Player A UP DOWN LEFT 0.x 5,20 RIGHT 5,15 10,Y Player B 10. Both (UP,LEFT and (DOWN,RIGHT) will be Nash Equilibria when a. Xis less than or equal to 15, and Yis less than or equal to 20 b. Xis greater than or equal to 15, and Y is greater than or eq to 20 c. Xis greater than 15, and Yis greater than 20 d. Xis less than 15, and Yis less than 20 e. Xis greater than 15, and Y is any value Only (UP,LEFT will be a Nash Equilibrium when a. Xis greater than or equal to 15, and Yis less than 20 b. Xis greater than or equal to 15, and Y is greater than or equal to 20 c. Xis less than or equal to 15, and Y is greater than or equal to 20 d. Xis less than 15, and Y is greater than or equal to 20 e. Xis greater than or equal to 15, and Y is any number 12 Only (DOWN, RIGHT) will be a Nash Equilibrium when a. Xis less than or equal to 15, and Y is less than or equal to 20 b. Xis greater than or equal to 15, and Y is less than 20 c. Xis less than 15, and Yis greater than or equal to 20 d. Xis less than 15, and Yis less than 20 e. Xis greater than or equal to 15 and Y is less than or equal to 20 13 There will be a prisoner's dilemma when a. Xis less than or equal to 15, Y is less than or equal to 20, and Y is less than X b. Xis greater than or equal to 15, Y is greater than or equal to 20, and Xis greater than Y. c. there is not a prisoners' dilemma because player A does not have a dominant strategy d. Xis less than 15, Y is less than 20, and X equals Y e. Xis greater than 15, and Yis any valueExplanation / Answer
10 b
11 a
12 c
13 c
14 c
15 b
16 a
17 b