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The Major Theories in Policy Making Are

question 11

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The major theories in policy making are:


Definitions:

Sequential Game

A strategic game in which players make decisions in a specific order, with later decisions possibly depending on actions taken by those who moved earlier.

Shopkeeper

An individual who owns or manages a small retail business or shop.

Haggling Customer

A customer who negotiates with a seller in order to obtain a price reduction or better terms for a product or service.

Commission Salesman

A salesperson whose earnings are primarily derived from commissions on sales made.

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