Examlex
A game has two players and each has two strategies.The strategies are Be Nice and Be Mean.If both players play Be Nice, both get a payoff of 5.If both players play Be Mean, both get a payoff of 23.If one player plays Be Nice and the other plays Be Mean, the player who played Be Nice gets 0 and the player who played Be Mean gets 10.Playing Be Mean is a dominant strategy for both players.
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A high-fashion garment created by a renowned fashion designer or fashion house.
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A type of pet food specifically formulated to meet the nutritional needs of cats, available in dry, wet, and semi-moist forms.
Level of Intangibility
A characteristic of services describing the extent to which they cannot be seen, touched, or possessed physically, impacting how they are marketed and sold.
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