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(Table: Owens Corning and GAF Capacity Expansion I) Payoffs Represent

Question 79

Multiple Choice

(Table: Owens Corning and GAF Capacity Expansion I) Payoffs represent profits in millions of dollars. (Table: Owens Corning and GAF Capacity Expansion I) Payoffs represent profits in millions of dollars. The Nash equilibrium: A) does not exist. B) occurs when both firms choose small expansion. C) occurs when both firms choose large expansion. D) occurs when both firms choose no expansion. The Nash equilibrium:


A) does not exist.
B) occurs when both firms choose small expansion.
C) occurs when both firms choose large expansion.
D) occurs when both firms choose no expansion.

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