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  3. Study Set
    Modern Principles of Economics Study Set 2
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    Exam 15: Oligopoly and Game Theory
  5. Question
    Reference: Ref 15-6 (Table: Ozzie, Manny's Payoff Table) Refer to the Table
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Reference: Ref 15-6 (Table: Ozzie, Manny's Payoff Table) Refer to the Table

Question 5

Question 5

Multiple Choice

  Reference: Ref 15-6 (Table: Ozzie, Manny's Payoff Table)  Refer to the table. The equilibrium outcome is: A)  undefined in this game. B)  $80, $80. C)  $60, $60. D)  ($20, $130)  or ($130, $20) . Reference: Ref 15-6 (Table: Ozzie, Manny's Payoff Table) Refer to the table. The equilibrium outcome is:


A) undefined in this game.
B) $80, $80.
C) $60, $60.
D) ($20, $130) or ($130, $20) .

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