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-Refer to Figure 2

Question 12

Multiple Choice

-Refer to Figure 2.2, which represents a simultaneous-move, noncooperative, one-time game. If larger payoffs are preferred, which firm has a strictly dominant strategy? A) Firm A B) Firm B C) Both firms D) Neither firm
-Refer to Figure 2.2, which represents a simultaneous-move, noncooperative, one-time game. If larger payoffs are preferred, which firm has a strictly dominant strategy?


A) Firm A
B) Firm B
C) Both firms
D) Neither firm

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