Game Theory Is Necessary to Understand Which Kinds of Markets

question 339

Multiple Choice

Game theory is necessary to understand which kinds of markets?
(i) perfectly competitive
(ii) monopolistically competitive
(iii) oligopoly
(iv) duopoly
(v) monopoly

• A)(i) and (ii) only
• B)(iii), (iv), and (v) only
• C)(iii) and (iv) only
• D)(i), (ii), (iii), (iv), and (v)

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