Question: 1. Answer if the following statements are true or false. a) Congruity refers to consistent and regular behavior in a game that is played over

1. Answer if the following statements are true or false.

a) Congruity refers to consistent and regular behavior in a game that is played over and over in society or by the same parties who interact repeatedly

True

False

b) When a game has a single Nash Equilibrium, we say that this is a "Strict Nash Equilibrium"

True

Falsw

c) The main difference between the Cournot and the Bertrand duopolies is the type of competition, in the Bertrand, the competition occurs via quantity.

True

False

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