Use the following to answer question
Consider the following information for a simultaneous move game: Two discount stores (megastore and superstore) are interested in expanding their market share through advertising.The table below depicts the strategic outcomes (profits) of both stores with and without advertising.Payoffs for Megastore are in bold.

-Based on the answer of question 4,the payoffs for both stores will be
A) Megastore $95 and Superstore $80
B) Megastore $305 and Superstore $55
C) Megastore $65 and Superstore $285
D) Megastore $165 and Superstore $115
Correct Answer:
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Q1: In repeated games,all of the below make
Q2: The prisoner's dilemma is an example of:
A)A
Q3: According to Prisoners'' Dilemma
A)Both parties do not
Q5: Which of the following is a violation
Q6: Use the following to answer question 2-
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Q9: Refer to the following normal form game
Q10: Use the following to answer question
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Q11: Use the following to answer question
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