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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #726795
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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