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What Is a Game Tree

Question 103

Multiple Choice

What is a game tree?


A) a model that shows the path of growth of a firm from its roots to its final height (or profits)
B) a chart that illustrates the impact of solutions to coordination problems, with a branch for each solution
C) a diagram that shows how a game plays out over time, with the first move forming the trunk, subsequent choices adding branches, and the final leaves showing all possible outcomes
D) a chart that starts with the goal sought and that branches out to show what could happen after the original goal is achieved

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