Economists Use Game Theory to Analyse Oligopolies Because

Multiple Choice

Economists use game theory to analyse oligopolies because

A) real markets are too complicated to analyse without using games.
B) it is more enjoyable for economists and students to learn by playing games.
C) game theory helps us to understand why interactions among firms are crucial in determining profitable business strategies.
D) game theory is useful in understanding the actions of firms that are price takers.