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Which of the following is legally a separate entity from its owner(s) ?
Games-Of-Chance
Activities in which outcomes are determined primarily by random factors, usually for gambling or entertainment purposes.
Oligopoly Behavior
Market behavior characterized by a small number of firms dominating a market, where each firm's decisions impact the others, often leading to strategic pricing and output decisions.
Sequential Game
A strategic interaction (game) between two or more parties (players) in which each party moves (makes a decision) in a predetermined order (sequence).
Second Mover
A strategy where a firm enters a market or releases a product after competitors have already established themselves, potentially benefiting from the first mover's market insights and errors.
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