Question

When one firm's gain must equal the other firm's loss it is called a ______ game whereas in a ______ game the net gain is negative.

Answer 1

A zero-sum game is when one firm's gain equals the other firm's loss, while a negative-sum game has a net gain that is negative.

Step-by-step explanation:

In business, when one firm's gain must equal the other firm's loss it is called a zero-sum game, whereas in a negative-sum game, the net gain is negative.