What is a dominant strategy? A dominant strategy is a strategy that Cl A. maximizes a…

What is a dominant strategy? A dominant strategy is a strategy that Cl A. maximizes a player’s expected payo?’. CI B. is selected regardless of whether it is optimal. Cl C. is optimal conditional on what an opponent does.CI D. is optimal no matter what an opponent does. CI E. minimizes an opponent’s payo?’. Why is an equilibrium stable in dominant strategies? An equilibrium in dominant strategies is stable because CI A. players have no incentive to cooperate. CI B. neither player has an incentive to change their behavior. Cl (2. both players have maximized the minimum gain that can be earned.CI D. players are not able to negotiate binding contracts. CI E. player strategies are interdependent.