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Consider the game below: L M R U 5, 4 0, 1 0, 6 M 4, 1 1, 2 1, 1 D 6, 6 0,3 4,4 Suppose that the two players move simultaneously in this game. Which of the following statements is not correct? Select one: O a. Player 1 does not have any strictly dominated strategy. O b. (D, L) is a Nash equilibrium. [(D, L) means that player1 plays D and player 2 plays L] O c. There is one mixed strategy Nash equilibrium. O d. (M, M) is a Nash equilibrium. Consider two firms, A and B, competing in a market by setting prices. Let the marginal cost of production be c for both firms. There are no other costs. The industry monopoly price is Pm. In a simultaneous move Bertrand game, if firm A sets pA = c, setting pB = Pm is a best response for firm B. Select one: O True O False Which of the following statements is not correct? Select one: O a. When the other player is playing a mixed strategy, the best response of any player must also be a mixed strategy. O b. A strictly dominated strategy will never be played in a mixed strategy Nash equilibrium. O c. In a mixed strategy Nash equilibrium, all players must play their best responses. In a mixed strategy Nash equilibrium, if a player places strictly positive probabilities on two of his actions, he must be indifferent between these two actions given the strategies played by other players