The benefit of the mixed strategy is:
A) higher returns for both players in the market.
B) lower returns for both players in the markets.
C) the element of consistency that baffles the rivals.
D) the element of surprise that baffles the rivals.

Question

Quizplus · Accepted Answer

The benefit of the mixed strategy is the element of surprise that baffles the rivals. By using a mix of different strategies, a player can break the predictability of their moves and create confusion for their rival. This can increase the chances of success in the game. Therefore, option D is the best choice.

The Benefit of the Mixed Strategy Is