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-Refer to Figure 12

Question 106

Multiple Choice

-Refer to Figure 12.9.If both firms follow their dominant strategies,Firm Y will earn profits equal to: A) $400. B) $600. C) $200. D) $300.
-Refer to Figure 12.9.If both firms follow their dominant strategies,Firm Y will earn profits equal to:


A) $400.
B) $600.
C) $200.
D) $300.

Correct Answer:

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