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How are datum target lines represented on a drawing?
Nash Equilibrium
Set of strategies or actions in which each firm does the best it can given its competitors’ actions.
Payoffs
Payoffs in game theory are the outcomes or rewards that players receive at the end of a game or decision scenario, based on the actions they have taken.
Millions
A numerical term used to denote a quantity of one thousand thousand (1,000,000).
Equilibrium Outcome
The state in which market supply and demand balance each other, and as a result, prices become stable.
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