1. 
A twoperson zerosum game means that the


Answer:
Option (a) 
2. 
Game theory models are classified by the


Answer:
Option (d) 
3. 
A game is said to be fair if


Answer:
Option (a) 
4. 
What happens when maximin and minimax values of the game are same?


Answer:
Option (c) 
5. 
A mixed strategy game can be solved by


Answer:
Option (d) 
6. 
The size of the payoff matrix of a game can be reduced by using the principle of


Answer:
Option (c) 
7. 
The payoff value for which each player in a game always selects the same strategy is called the


Answer:
Option (a) 
8. 
Games which involve more than two players are called


Answer:
Option (c) 
9. 
When the sum of gains of one player is equal to the sum of losses to another player in a game, this situation is known as


Answer:
Option (b) 
10. 
When no saddle point is found in a payoff matrix of a game, the value of the game is then found by


Answer:
Option (a) 