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By Discontinuing the Practice of Confining Sows in Gestation Crates

question 93

Multiple Choice

By discontinuing the practice of confining sows in gestation crates during pregnancy, even though doing so was not legally required, pork producer Smithfield Foods assumed the ________ of business.


Definitions:

Strategy

Rule or plan of action for playing a game.

Dominant Strategy

A strategy that yields the best outcome for a player, regardless of what strategies other players select.

Constant-Sum Game

A situation in game theory in which the total gains and losses among participants are always balanced, implying that one player's gain is another's loss.

Simultaneous-Move

Refers to games or decision scenarios where all players make their moves at the same time, without knowledge of the others' choices.

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