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Figure 8.9 -Consider Figure 8.9. If David's Payoff in the Bottom Rectangle

Question 210

Multiple Choice

  Figure 8.9 -Consider Figure 8.9. If David's payoff in the bottom rectangle were 40 instead of 70, the outcome of the game would be that A)  both choose a high price. B)  both choose a low price. C)  Becky chooses a high price and David chooses a low price. D)  David chooses a high price and Becky chooses a low price. Figure 8.9
-Consider Figure 8.9. If David's payoff in the bottom rectangle were 40 instead of 70, the outcome of the game would be that


A) both choose a high price.
B) both choose a low price.
C) Becky chooses a high price and David chooses a low price.
D) David chooses a high price and Becky chooses a low price.

Correct Answer:

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