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Exhibit 10.9 -Refer to Exhibit 10.9.Suppose Firm a and Firm B Are

Question 146

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Exhibit 10.9
Exhibit 10.9 -Refer to Exhibit 10.9.Suppose Firm A and Firm B are a duopoly in this market and the matrix shows the profit expected for different strategies.If Firm B charges the high price,and Firm B the low one,then ____ gets most of the business,earning a profit of $____ A) Firm A; $20. B) Firm A; $100. C) Firm B; $20. D) Firm B; $100. E) Firm A; $70.
-Refer to Exhibit 10.9.Suppose Firm A and Firm B are a duopoly in this market and the matrix shows the profit expected for different strategies.If Firm B charges the high price,and Firm B the low one,then ____ gets most of the business,earning a profit of $____


A) Firm A; $20.
B) Firm A; $100.
C) Firm B; $20.
D) Firm B; $100.
E) Firm A; $70.

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