Introduction to Economics 1 Deneme Sınavı Sorusu #726795

I. Rules that determine which actions are allowable II. Strategies that players employ to attain their objectives in the game  III. The interactions among the players aren't crucial in determining the outcome IV. Payoffs that are the results of the interaction among the players’ strategies Which of the given are the characteristics of games?


I, II, III

I, II, IV

I, III, IV

II, III, IV

I, II, III, IV


Yanıt Açıklaması:
  • In all games, chess, poker, or Monopoly, the interactions among the players are crucial
    in determining the outcome. 
  • Rules that determine which actions are allowable
  • Strategies that players employ to attain their objectives in the game
  • Payoffs that are the results of the interaction among the players’ strategies
    The payoffs in an oligopoly context are the profits earned as a result of a firm’s strategies interacting with the strategies of other firms. The Correct Answer is B. 
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