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True or False: In order for a situation to be a game. there must be two or more interacting individuals in which each of their decisions effects at least their own and all other player's payoffs. True or False

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Answer: True

Step-by-step explanation:

In order for a situation to be considered a game, it mainly involves two or more interacting individuals. It is important to consider that the decisions made by individual players can affect not only their own payoff but also the payoffs of all other players involved. In fundamental aspects of game theory, includes the concept of interdependence and the impact of decisions on outcomes.

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