Examlex
High-speed capability is especially important when images, graphics, and other large files need to be transported over long distance or onto WANs.
Equilibrium
a state in economics where supply equals demand, resulting in a stable market condition.
Trigger Strategy
A strategy in repeated games where a player's response is conditioned on past behavior, such as retaliating or cooperating based on the other player's previous actions.
Repeated Game
A strategic interaction that occurs multiple times, allowing players to potentially develop strategies based on past outcomes.
Price Competition
A type of competition in which companies try to attract customers by offering lower prices than their competitors.
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