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A Nash equilibrium occurs when:____

a. a monopolist is forced to produce the efficient level of output.
b. players choose their best strategy given the strategies chosen by others.
c. oligopolists cooperate with each other.
d. the efficient allocation of resources is achieved by setting marginal revenue equal to marginal cost.

asked
User Yirkha
by
8.2k points

1 Answer

3 votes
I believe that The answer is B
answered
User Pndc
by
7.6k points
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