A Dominant Strategy Is One That

question 40

Multiple Choice

A dominant strategy is one that

• A) yields a position of the winner so long as the other participants act as planned.
• B) every participant in the game will follow.
• C) turns a negative-sum game into a positive-sum game.
• D) always yields the highest benefit regardless of what the other players do.

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Definitions:

Income

Money received, especially on a regular basis, through work, investments, business, etc., for goods or services provided.

Realized

Pertains to the conversion of an asset into cash or when a gain or loss is acknowledged upon selling or trading an asset.

Form

A document used to collect or provide information, often used for administrative purposes or in formal transactions, like tax forms.

Income

Payment received, often on a consistent schedule, for employment or from investment profits.