The principal advantage of the game theory approach is that it allows to:
A) take all possible information into consideration before developing a theory.
B) better understand why firms in a competitive industry avoid games.
C) better understand how the government should regulate a natural monopoly.
D) better understand decision making when one person's choices affect another person's choices.
E) understand the relationship between the demand curves faced by a firm and the industry as a whole.
Correct Answer:
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