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(Figure: Simultaneous Move Game) in the Figure, the Non-Cooperative Solution

Question 64

Multiple Choice

(Figure: Simultaneous Move Game) In the figure, the non-cooperative solution is for:
(Figure: Simultaneous Move Game)  In the figure, the non-cooperative solution is for:    A)  Gavin to price low. B)  Grace to price high. C)  both Gavin and Grace to price high. D)  both Gavin and Grace to price low.


A) Gavin to price low.
B) Grace to price high.
C) both Gavin and Grace to price high.
D) both Gavin and Grace to price low.

Correct Answer:

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