A dominant strategy is a
A) last-mover strategy.
B) negative-sum strategy.
C) player's best strategy when she can make the first move.
D) player's best strategy regardless whatever strategies are adopted by the rivals.
Answer: D
You might also like to view...
Productive efficiency occurs in markets when
a. goods are produced at the lowest possible average total cost b. goods are produced at the lowest average variable cost c. goods are produced at the lowest marginal cost d. goods are produced at the lowest average fixed cost e. the economy is producing the maximum quantity of goods and services it can
Large productivity increases are most likely to be achieved by
A. emergency room nurses. B. professional basketball players. C. symphony orchestras. D. automobile manufacturers.
A decrease in the price level in an economy implies that _____
Fill in the blank(s) with the appropriate word(s).
Making "soft loans"—loans which may not be self-liquidating—to the very poorest of the developing countries on relatively liberal terms is the primary function of the:
A. United Nations B. International Finance Corporation C. New Global Compact D. International Development Association