Microeconomics Unit 4 COMPLETE Summary - Imperfect Competition

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Good luck!!

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[@baguettebabyoof3036]

Can a nash Equilbrium have none because my teacher review over the 2023 AP FRQ and I was confused on how it did not have one

[@ReviewEcon]

It is possible for there to be no Nash equilibrium. But if one entity has a dominant strategy, there is guaranteed to be a Nash equilibrium. There can also be two Nash equilibria. I hope that helps!

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The algorithm knows! 🤷‍♂️😅 Good luck on your test!