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Game Theory: Economics Available at https://youtube/PCcVODWm-oY or just youtube/google Crash Course Economics 26 1. Give a brief explanation of each of the four different market

Game Theory: Economics Available at https://youtube/PCcVODWm-oY or just youtube/google "Crash Course Economics 26" 1. Give a brief explanation of each of the four different market types listed below: a. perfect competition - b. monopoly - SALE c. monopolistic competition - d. oligopolies - 2. The most recognizable form of non-price competition is 3. is the study of strategic decision-making. a. What is the "prisoner's dilemma"? b. In Game Theory, even if people or companies rationally follow their own self interest the best outcome is hard to reach when they can't or don't C. is a secret agreement or cooperation, especially for an illegal or deceitful purpose. There are strict laws designed to prevent it. d. Price leadership is when one company changes its prices, and its competitors have to decide if they're going to follow suit. e. What is a "payoff matrix"? 4. At its best, healthy competition promotes

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