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Matching
Dhruv isn't sure to what degree he should involve his employees in an important decision, so he consults Vroom's decision tree for help.Match the following scenarios with the decision style each most clearly illustrates.
-consult (individually)
Patents
Legal documents granting an inventor exclusive rights to manufacture, use, or sell an invention for a certain number of years.
Cournot Model
Oligopoly model in which firms produce a homogeneous good, each firm treats the output of its competitors as fixed, and all firms decide simultaneously how much to produce.
Output
Represents the quantity of goods or services produced within a given period by a firm, industry, or economy.
Competitor
An entity operating in the same industry or market as another, offering similar products or services.
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