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Question 46

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Use the following to answer question:
Table 12.3 Use the following to answer question: Table 12.3   -(Table 12.3)  The payoffs represent profits. If Cape North and Imperial both choose their dominated strategy, Cape North will earn a profit of _____ and Imperial will earn a profit of _____. A)  $154; $154 B)  $120; $120 C)  $75; $180 D)  $75; $75
-(Table 12.3) The payoffs represent profits. If Cape North and Imperial both choose their dominated strategy, Cape North will earn a profit of _____ and Imperial will earn a profit of _____.


A) $154; $154
B) $120; $120
C) $75; $180
D) $75; $75

Correct Answer:

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