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    Microeconomics Theory Study Set 1
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    Exam 13: Game Theory
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    Game Theory Shows That
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Game Theory Shows That

Question 2

Question 2

Multiple Choice

Game theory shows that


A) sometimes pursuing profit maximization will not yield the highest joint profit.
B) interdependencies between firms have to be taken into account when few firms dominate the market.
C) in an oligopolistic market,firms are likely to collude.
D) All of the above.

Correct Answer:

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