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    Exam 12: Oligopoly and Strategic Behavior
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    In Game Theory,a Strategy That Represents the Best Choice for a Firm
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In Game Theory,a Strategy That Represents the Best Choice for a Firm

Question 2

Question 2

Multiple Choice

In game theory,a strategy that represents the best choice for a firm no matter what the other firm does is termed


A) a dominant strategy.
B) a Nash equilibrium.
C) a prisoners' dilemma.
D) a duopolists' dilemma.

Correct Answer:

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