1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
arsen [322]
2 years ago
14

Game theory is:A. a strategy that requires cooperation when multiple parties are involved.B. a methodology to accomplish winning

results in games of chance.C. the study of strategy and strategic behavior.D. focused on competition between two distinct rivals.
Business
1 answer:
Makovka662 [10]2 years ago
6 0

Answer:

C. the study of strategy and strategic behavior.

Explanation:

Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.

A popular example of game theory is the prisoners dilemma.

A game theory can involve more than two players.

An example of prisoners dilemma:

There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.

The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.

The Nash equilibrium is for both prisoners to defect.

I hope my answer helps you

You might be interested in
Kasen just completed his second year of college in education. He is not sure if this is the best career choice for him. He wants
klasskru [66]
The job education that he would most likely be qualified without a complete bachelor's degree is a kindergarten teacher because this is usually a job that can be taken upon even if an individual is only a graduate of high school because they have the basic knowledge that they need in means of teaching a children at the kindergarten.
4 0
3 years ago
Read 2 more answers
The price of apples falls. what happens in the market for apple pies?
Vlada [557]
It depends.
If it is a natural supply demand situation, then the makers of apple pies should lower their prices.

Or 

They should make fewer pies because all the apple pie makers are going to choose making apple pies because of reduced costs. 

In the market place, you can strive to make a profit, but you should never be greedy.
7 0
3 years ago
A group health plan that saves you money on health insurance is an example of a/an _____.
Ymorist [56]

The answer is C. it helps with medical, disability, life insurance.

Hope this helps!

~LENA~

7 0
3 years ago
Read 2 more answers
A group of 10 golfing buddies have the following annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000, $38,000, $70,000,
eduard

The lowest quintile received $22,000.

Data and Calculations:

The number of golfing buddies = 10

A. = $10,000

B.  = $12,000

C.  = $16,000

D.  = $20,000

E.  = $24,000

F.  = $32,000

G.  = $38,000

H.  = $56,000

I.  = $70,000

J.  = $120,000

Total - $398,000

The lowest, first, or bottom quintile is between 0 to 20%.

Thus, the lowest quintile received $22,000 ($10,000 + $12,000) from the income distribution.

Learn more: lowest quintile here: brainly.com/question/2392523

8 0
2 years ago
The __________ theory of a business's duties to consumers claims that a business has four main moral duties: the basic duty of
Soloha48 [4]

Answer:

Contractual

Explanation:

The complying with the terms of a sales contract, and the secondary duties of theory of a business's duties to consumers claims that a business has four main moral duties.

4 0
2 years ago
Other questions:
  • DOUBLE POINTS!! Explain the role played by consumers, business, and the government in a market economy. Hint: focus on the facto
    12·1 answer
  • A study finds that during​ blizzards, online sales are highly associated with the number of snow plows on the​ road; the more​ p
    8·1 answer
  • Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for ​$14​, a second lawn for ​$16​
    13·1 answer
  • Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The
    15·1 answer
  • The​ company, suppliers,​ distributors, and customers who open double quote partnerclose double quote with one another to improv
    7·1 answer
  • Lorek company acquires land for $160,000 cash. additional costs are as follows: removal of shed, $500; filling and grading, $2,0
    13·1 answer
  • With respect to compilation, the syntax analyzer takes the lexical units from the lexical analyzer and uses them to construct hi
    6·1 answer
  • An individual purchased a taxable corporate bond at a premium. The bond has a remaining ten year maturity period. For federal in
    15·1 answer
  • Paul and Libby White (both are age 66) are married and together have AGI of $105,000 in 2018. They have two dependents and file
    9·1 answer
  • The text frequently mentions competing factors that successful groups keep in tension, including conformity/nonconformity, task
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!