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-Refer to Figure 12

Question 116

Multiple Choice

-Refer to Figure 12.8.If both firms follow their dominant strategies,Firm A will earn profits equal to A) $700. B) $500. C) $200. D) $100.
-Refer to Figure 12.8.If both firms follow their dominant strategies,Firm A will earn profits equal to


A) $700.
B) $500.
C) $200.
D) $100.

Correct Answer:

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