In a "game," strategies are
A) the reactions of firms to the changes in the economy.
B) the laws regulating the industry.
C) the plans made by the participants.
D) the potential returns the participants may get.

Question

Quizplus · Accepted Answer

In a game, strategies refer to the plans made by the participants to achieve their goals or objectives. These plans may include specific actions, moves, or decisions made throughout the game to gain an advantage over their opponents or maximize their potential returns. Strategies may vary depending on the game and its rules, as well as the players' skills, knowledge, and expectations.

In a "Game," Strategies Are