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Employers should obtain which of the following before extending a contingent offer of employment?
Competitor's Profits
Refers to the earnings generated by firms or businesses operating in the same market or industry, often analyzed to benchmark performance or develop competitive strategies.
Nash Equilibrium
A concept in game theory where no player can gain by changing strategies if other players keep theirs unchanged.
Best Response
In game theory, a strategy that yields the highest payoff for a player, given the strategies chosen by other players.
Simultaneous Move Game
A scenario in game theory where all players make their decisions at the same time without knowing the choices of others.
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