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Question 9 Which of the following statement is true about game theory? Firms should anticipate what is in a rival's best profit interest. Game theory

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Question 9 Which of the following statement is true about game theory? Firms should anticipate what is in a rival's best profit interest. Game theory is especially useful in contexts where there only a few rivals exist. Game theory can be used to anticipate and respond to rival actions. All of the above

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