Question: Suppose there is a simultaneous one shot game with two players and the following conditions: Condition 1: If both players play Strategy 1 then they
Suppose there is a simultaneous one shot game with two players and the following conditions: Condition 1: If both players play Strategy 1 then they each get $5 Condition 2: If both players play Strategy 2 then they each get $7 Condition 3: If one player plays Strategy 1 and the other plays Strategy 2 then the player that plays Strategy 1 gets $10 and the player that plays Strategy 2 gets $4 What is the unique Nash Equilibrium for this game? Group of answer choices (Strategy 2, Strategy 2) (Strategy 1, Strategy 1) (Strategy 1, Strategy 2) (Strategy 2, Strategy 1)
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