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Refer to the Following Normal Form Game of Price Competition

Question 18

Multiple Choice

Refer to the following normal form game of price competition for questions 20 - 23.
Refer to the following normal form game of price competition for questions 20 - 23.    -Suppose that Firm A deviates from a trigger strategy to support a high price.What is A's payoff from cheating? A) 0 B) 50 C) -10 D) 25
-Suppose that Firm A deviates from a trigger strategy to support a high price.What is A's payoff from cheating?


A) 0
B) 50
C) -10
D) 25

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