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The difference between a repeated game and one that is played only once is that Group of answer choices fewer firms exist in a one-time
The difference between a repeated game and one that is played only once is that Group of answer choices fewer firms exist in a one-time game. more information is available in the repeated game. firms have different reasons for existing. the payoffs per period of time are different. firms act out of their own self-interest only in a one-time game
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Microeconomics Theory and Applications
Authors: Edgar K. Browning, Mark A. Zupan
12th edition
9781118920060, 1118758870, 1118920066, 978-1118758878
