game theory is the study of multiple choice 1 the strategic behavior of decision makers. the behavior of firms operating in a purely competitive market. dominant strategies of consumers purchasing large goods. b. a firm is said to have a dominant strategy if multiple choice 2 it works with other firms in the industry to earn monopoly profits. the firm is acting using strategic behavior in order to minimize costs. the highest payoff strategy is the same no matter the other player's strategy. c. the market outcome when examining a payoff matrix is the multiple choice 3 marginal equilibrium. nash equilibrium. oligopoly equilibrium. d. true or false: the market outcome always yields the highest profits for all firms. multiple choice 4 true false