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As a practical joke on April Fools' Day, Hannah put a mask over her face, carried a toy gun, and knocked on the door of her good friend, Woody.When Woody opened the door and saw the apparent intruder, he fainted and hit his head on a wall.Hannah may be held liable for assault even though she did not intend to cause any harm to Woody.
Minimum Gain
The least amount of profit or advantage that can be achieved in a given transaction or situation.
Maximum Gain
The highest possible profit or advantage that can be achieved in a particular situation.
Nash Equilibrium
A situation in strategic interactions where each participant's choice is optimal, considering the decisions of others.
Firm
An organization engaged in commercial, industrial, or professional activities, typically aimed at generating profits.
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