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Before instructing his class on the senses, Carl shows them a short film clip that simulates what a person would see if he or she were riding a roller coaster with all the sights, sounds, and head shifts that accompany this experience. Carl's use of the short film clip to gain his students' attention is part of which step of the teaching strategy?
Payoff Matrices
A table that shows the potential outcomes of different strategies in a game, used in decision theory and economics.
Repeated Game
A strategic game played multiple times by the same participants, where the outcome of one play can affect the strategies in subsequent plays.
New Products
Items or services introduced to the market that offer novel features, benefits, or improvements over existing options, aiming to meet consumer needs or open new markets.
Oligopoly Pricing
A pricing strategy used by firms in an oligopoly, where a few firms dominate the market, influencing prices through their actions and reactions.
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