How does utility relate to players' decisions in game theory?
a) It measures the total costs involved
b) It reflects players' preferences and satisfaction levels
c) It is irrelevant in competitive scenarios
d) It guarantees the best outcome
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How does utility relate to players' decisions in game theory?
a) It measures the total costs involved
b) It reflects players' preferences and satisfaction levels
c) It is irrelevant in competitive scenarios
d) It guarantees the best outcome
b) It reflects players' preferences and satisfaction levels