A two-player or firm game in which one firm's gain must equal the other firm's loss is called a

Question

Quizplus · Accepted Answer

In a zero-sum game, the total gains and losses of the players/firms sum up to zero, meaning that what one player gains, the other player loses. Therefore, choice B is the correct answer. In a positive-sum game, both players/firms can benefit, and in a negative-sum game, both players/firms can lose. One-time game is not a relevant factor in determining the type of game.

A Two-Player or Firm Game in Which One Firm's Gain