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      Question

      Saddle point in game theory depicts which of the

      following
      A Maximum in row and minimum in column Correct Answer Incorrect Answer
      B Minimum in row and maximum in column Correct Answer Incorrect Answer
      C Minimum in both row and column Correct Answer Incorrect Answer
      D Maximum in both row and column Correct Answer Incorrect Answer

      Solution

      In a zero-sum matrix game, an outcome is a saddle point if the outcome is a minimum in its row and maximum in its column.

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