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As your business has grown, you have found it increasingly hard to keep track of your mailings to your customers without using a database, so the time has come to use a database, and with it, mail merge technology. You turn to your friend Thomas, since he has been doing mail merges for a long time and can guide you in the use of this tool in Microsoft Word.
-Which of the following does Thomas tell you contains variable information?
Dominant Strategy
In game theory, an approach that secures the optimal result for a participant, no matter the actions taken by other competitors.
Cooperate
To work or act together towards a common goal or benefit, often seen in contexts of game theory, business, and social interactions.
Defect
An imperfection or shortcoming in a product, system, or process that detracts from its intended function or performance.
Payoff
The return or profit gained from an investment or decision.
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