How Does a Zero-Sum Game Compare with a Non-Zero-Sum Game

question 40

Multiple Choice

How does a zero-sum game compare with a non-zero-sum game?

• A)In a zero-sum game,one player's gain is by definition equal to the other's loss,whereas in a non-zero-sum game,players' gains and losses cancel each other out.
• B)In a zero-sum game,one player's gain is by definition equal to the other's loss,whereas in a non-zero-sum game,it is possible for both players to gain or lose.
• C)In a zero-sum game,both players win,whereas in a non-zero-sum game,both players lose.
• D)Zero-sum games are more typical in international political economy,whereas non-zero-sum games are more typical in international security.

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Definitions:

Pie

A metaphorical representation of a total market or economy, which can be divided among participants.

Comparative Advantage

Comparative advantage is an economic principle that describes the ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors.

Opportunity Cost

Opportunity cost refers to the value of the next best alternative that is foregone when choosing one option over another.

Ice Cream

A frozen dessert made from dairy products, sweeteners, and flavorings, enjoyed as a treat or snack.