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Which of the following statements best describes a Nash Equilibrium?

A. A situation where players reach an agreement to maximize mutual payoffs

B. A point where each player’s strategy is optimal, given the strategies of the other players

C. A state where players make random choices with no clear outcomes

D. A scenario in which one player has a dominant strategy over the other

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B

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B

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B po

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B

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b

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B

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b

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