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The Figure Below Presents Information for a One-Shot Game

Question 4

Multiple Choice

The figure below presents information for a one-shot game. The figure below presents information for a one-shot game.   What are dominant strategies for firm A and firm B respectively? A)  (low price, high price)  B)  (high price, low price)  C)  (high price, high price)  D)  (low price, low price) What are dominant strategies for firm A and firm B respectively?


A) (low price, high price)
B) (high price, low price)
C) (high price, high price)
D) (low price, low price)

Correct Answer:

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