A Dominant Strategy Is

question 134

Multiple Choice

A dominant strategy is:

• A)when one strategy is always the best for a player to choose,regardless of what other players do.
• B)when one strategy is chosen by a firm first and determines the best strategies of the other players that follow.
• C)when one strategy is chosen and cannot be changed without making at least one of the players worse off.
• D)None of these statements is true.

---

Definitions:

Other Comprehensive Income

Those revenues, expenses, gains, and losses under both GAAP and IFRS that are excluded from net income on the income statement.

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is over or under-valued.

Future Profitability

Future profitability refers to an entity's potential to generate earnings over upcoming periods, indicating its financial prospects.

Horizontal Analysis

A financial analysis technique that compares historical financial information over a series of periods to identify trends and growth patterns.