Which of the following is a difference between a pure strategy and a mixed strategy?

A. When a player assigns a probability to an action, it is a pure strategy, while in a mixed strategy players choose their actions sequentially.
B. A pure strategy has an element of surprise, while a mixed strategy can be easily predicted by rivals.
C. A pure strategy involves all players making their moves simultaneously, while a mixed strategy minimizes the losses of players.
D. When a player chooses a specific action in a game, it is a pure strategy, while in a mixed strategy players randomize.


Answer: D

Economics

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