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A pressure of 100 microns has been reached with the vacuum pump operating. The pump is turned off and the gauge reading rises to 500 microns and stays there. What does this indicate?
Game Theory
A field of study that models and analyzes strategic interactions among rational decision-makers.
Game Theory
A study of strategic decision making, analyzing interactions with formalized incentive structures ("games").
Strategic Choices
Decisions made by individuals or organizations that have significant long-term implications on their objectives and activities.
Prisoners' Dilemma
A situation in game theory where two individuals acting in their own self-interest do not produce the optimal outcome for either party.
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