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  2. Topic
    Mathematics
  3. Study Set
    Game Theory in Business and Economics
  4. Exam
    Exam 2: Noncooperative, One-Time, Static Games
  5. Question
    -Refer to Figure 2
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-Refer to Figure 2

Question 76

Question 76

Multiple Choice

  -Refer to Figure 2.1, which represents a noncooperative, one-time, static game. Firm A's secure strategy is: A)  Raise price. B)  Don't raise price. C)  It's dominant strategy. D)  It's dominated strategy. E)  Answers b and d are correct.
-Refer to Figure 2.1, which represents a noncooperative, one-time, static game. Firm A's secure strategy is:


A) Raise price.
B) Don't raise price.
C) It's dominant strategy.
D) It's dominated strategy.
E) Answers b and d are correct.

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