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If You and Your Rival Plan to Be in Business

Question 16

Multiple Choice

If you and your rival plan to be in business for only one year, the Nash equilibrium is for your firm


A) and your rival to advertise.
B) and your rival not to advertise.
C) to advertise and your rival not to advertise.
D) not to advertise and your rival to advertise.

Correct Answer:

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