
In a decision tree, the difference between a decision node and a terminal node is that
A) at a decision node all participants are free to make individual decisions but at a terminal node they must agree on a collective decision.
B) at a decision node all participants make the same decision, while at a terminal node different players may make different decisions.
C) at a decision node a decision must be made, while a terminal node shows the payoff.
D) at a decision node a decision must be made, while at a terminal node the final decision must be made.
Correct Answer:
Verified
Q183: There are two firms in the residential
Q184: Figure 14-1 Q185: Table 14-10 Q186: Explain why member firms of a cartel Q187: On November 7, 1996, the Distilled Spirits Q189: What is the difference between explicit collusion Q190: Consider two craft bourbons distilled in Brooklyn, Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
![]()
![]()