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In the Payoff Matrix Shown

Question 268

Multiple Choice

In the payoff matrix shown, A) neither firm has a dominant strategy. B) both firms have a dominant strategy to price high. C) both firms have a dominant strategy to price low. D) one firm has a dominant strategy to price high, the other to price low. In the payoff matrix shown,


A) neither firm has a dominant strategy.
B) both firms have a dominant strategy to price high.
C) both firms have a dominant strategy to price low.
D) one firm has a dominant strategy to price high, the other to price low.

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