Which of the Following Games Is Not a Simultaneous-Move Game

question 114

Multiple Choice

Which of the following games is not a simultaneous-move game?

• A) A tourist bargains with a local vendor for the price of souvenirs on a beach in the Dominican Republic.
• B) Two bidders place a bid in a sealed envelope during an auction. The highest bidder wins the auction.
• C) Two drivers drive toward each other on a collision course; the first to swerve loses.
• D) Ann and Bob must meet at 8 P.M. However, there are two possible meeting points, and they cannot communicate before the meeting.

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Definitions:

B2C

Business-to-Consumer, a sales model where businesses sell products or services directly to individual consumers.

B2B

An abbreviation for "business-to-business," describing commerce transactions between businesses, such as between a manufacturer and a wholesaler.

E-commerce

The buying and selling of goods and services over the internet.

Vertical Analysis

A technique in analyzing financial statements where every entry is expressed as a percentage of a reference value found in the document.