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    Exam 10: Game Theory: Inside Oligopoly
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    Refer to the Following Game
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Refer to the Following Game

Question 15

Question 15

Multiple Choice

Refer to the following game. Refer to the following game.   What are the Nash equilibrium strategies for firm A and firm B respectively? A)  (low price, low price)  B)  (high price, high price)  C)  (low price, high price)  D)  (low price, low price)  and (high price, high price) What are the Nash equilibrium strategies for firm A and firm B respectively?


A) (low price, low price)
B) (high price, high price)
C) (low price, high price)
D) (low price, low price) and (high price, high price)

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