In Simultaneous Decision-Making Situations,common Knowledge Means That

question 38

Multiple Choice

In simultaneous decision-making situations,common knowledge means that

• A)at least one of the decision makers knows what is going to happen.
• B)all of the decision makers know what the outcome of the decision will be.
• C)even people not involved in making the decision will be able predict the outcome.
• D)the managers of the firms failed to keep all of the information about their decision plans secret.
• E)none of the above

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