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    Question

    In a game theory context, a Nash Equilibrium is a

    situation where:
    A All players collude to maximize joint profits Correct Answer Incorrect Answer
    B One player’s gain is another’s loss Correct Answer Incorrect Answer
    C No player can improve their payoff by changing strategy unilaterally Correct Answer Incorrect Answer
    D The dominant strategy is always to cooperate Correct Answer Incorrect Answer

    Solution

    Explanation: A Nash Equilibrium occurs when each player's strategy is optimal given the strategies of all other players—no one has an incentive to deviate.

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