Actions like entering a new market, pricing a new product, or making a bid to buy another company are all useful Nash-like managerial decisions because they are
A. not repeated often and the outcome depends on the coordination of decisions with rivals.
B. repeated often and the outcome depends on the simultaneous decisions of rivals.
C. not repeated often and the outcome depends on the simultaneous decisions of rivals.
D. repeated often and the outcome depends on the coordination of decisions with rivals.
Answer: C
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