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    Principles of Economics Study Set 12
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    Exam 11: Product Differentiation, Monopolistic Competition, and Oligopoly
  5. Question
    To Say That Game Theory Assumes People Make Purposeful Choices
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To Say That Game Theory Assumes People Make Purposeful Choices

Question 152

Question 152

Multiple Choice

To say that game theory assumes people make purposeful choices with limited resources implies that players in a game seek to


A) maximize their payoffs.
B) stop the game.
C) maximize their total revenue.
D) defeat their opponents.
E) cooperate with other players.

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