The Principal Advantage of the Game Theory Approach Is That

Multiple Choice

The principal advantage of the game theory approach is that it allows players to _____

A) take all possible information into consideration before developing a theory.
B) better understand why firms in a competitive industry avoid games.
C) better understand how the government should regulate a natural monopoly.
D) better understand how one player's choices affect another player's choices.
E) understand the relationship between the demand curves faced by a firm and the industry as a whole.