What are the Nash equilibrium strategies for Firm A and Firm B respectively?
A) (low price, low price) .
B) (high price, high price) .
C) (low price, high price) .
D) (low price, low price) and (high price, high price) .
Correct Answer:
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Q30: The dominant strategy for Player 1 is:
A)S1.
B)S2.
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A)t1.
B)t1
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