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-Refer to Table 10 -2

Question 11

Multiple Choice

-Refer to Table 10 -2. If each firm pursues its dominant strategy, what is the profit earned? A) Each earns a profit of $20 million. B) Each earns a profit of $12.5 million. C) Each earns a profit of $25 million. D) Each earns a profit of $10 million.
-Refer to Table 10 -2. If each firm pursues its dominant strategy, what is the profit earned?


A) Each earns a profit of $20 million.
B) Each earns a profit of $12.5 million.
C) Each earns a profit of $25 million.
D) Each earns a profit of $10 million.

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