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-Refer to Figure 12

Question 81

Multiple Choice

-Refer to Figure 12.7.The numerical data show daily profits for each of the two firms when they choose a specific pricing strategy.If both firms follow their individual dominant strategy: A) Omega will earn $300 daily profit and Zeta will earn $100 daily profit. B) Omega will earn $100 daily profit and Zeta will earn $300 daily profit. C) Both will earn $200 daily profit. D) Both will earn $150 daily profit.
-Refer to Figure 12.7.The numerical data show daily profits for each of the two firms when they choose a specific pricing strategy.If both firms follow their individual dominant strategy:


A) Omega will earn $300 daily profit and Zeta will earn $100 daily profit.
B) Omega will earn $100 daily profit and Zeta will earn $300 daily profit.
C) Both will earn $200 daily profit.
D) Both will earn $150 daily profit.

Correct Answer:

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