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(Table: Hanes and Fruit of the Loom T-Shirts I) Payoffs

Question 116

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(Table: Hanes and Fruit of the Loom T-Shirts I) Payoffs represent profits in thousands of dollars. (Table: Hanes and Fruit of the Loom T-Shirts I)  Payoffs represent profits in thousands of dollars.   What is the Nash equilibrium? A)  (20 , 20)  B)  (17 , 17)  C)  (14 , 14)  D)  (19 , 10)  or (10 , 19) What is the Nash equilibrium?


A) (20 , 20)
B) (17 , 17)
C) (14 , 14)
D) (19 , 10) or (10 , 19)

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