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The Following Table Shows the Payoff Matrix of the Two

Question 62

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The following table shows the payoff matrix of the two firms (Firm X and Firm Y) in dollars when they advertise and when they do not advertise. Table 11.1 The following table shows the payoff matrix of the two firms (Firm X and Firm Y)  in dollars when they advertise and when they do not advertise. Table 11.1    -According to Table 11.1,if firm X advertises and Y does not advertise: A) Firm X earns $50 and firm Y earns $200. B) Firm X earns $150 and firm Y earns $200. C) Firm X earns $100 and firm Y earns $200. D) Firm X earns $50 and firm Y earns $180. E) Firm X earns $180 and firm Y earns $80.
-According to Table 11.1,if firm X advertises and Y does not advertise:


A) Firm X earns $50 and firm Y earns $200.
B) Firm X earns $150 and firm Y earns $200.
C) Firm X earns $100 and firm Y earns $200.
D) Firm X earns $50 and firm Y earns $180.
E) Firm X earns $180 and firm Y earns $80.

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