What are the best strategies for Players 1 and 2 if each cho
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What are the best strategies for Players 1 and 2 if each chooses between setting a low price or a high price and the pay
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What are the best strategies for Players 1 and 2 if each chooses between setting a low price or a high price and the payoffs are 5 if both firms charge the high price and zero for all other combinations of strategies? [Hint: Write down the 2 2 normalform representation of this game and look for dominant strategies.]
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