Which One of the Following Was Primarily Responsible for the Decline

question 71

Multiple Choice

Which one of the following was primarily responsible for the decline of the Principality of Kiev?

• A)Viking invasions
• B)conversion to Christianity
• C)expansion of the Cumans under Yaroslav the Wise
• D)internal struggles and external invaders
• E)rebellion of the boyars

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Definitions:

Noncollusive Oligopoly

A market structure where a few firms dominate but do not explicitly coordinate their pricing and output decisions, leading to competitive but interdependent market outcomes.

Game Theory

A branch of mathematics and economics that studies the strategic interactions among rational decision-makers, aiming to predict their choices of action given the rules of the game and the actions of others.

Oligopoly

A market structure dominated by a small number of large firms, leading to limited competition and potentially collaborative behavior that influences prices and production.

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies while the other players keep theirs unchanged, indicating an optimal strategy set for all players.