Economists use game theory to analyze oligopolies because
a. game theory is useful in underst...
Business, 28.11.2019 00:31 chasechevy13
Economists use game theory to analyze oligopolies because
a. game theory is useful in understanding the actions of firms that are price takers.
b. game theory us to understand why interactions among firms are crucial in determining profitable business strategies.
c. real markets are too complicated to analyze without using games.
d. it is more enjoyable for economists and students to learn by playing games.
Answers: 2
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