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Business, 14.07.2019 21:00 ghjjn

Bigbox and cheapstore are the only two firms in a market. each firm must decide whether to price high or price low. the payoffs from each strategy combination are shown to the right long dash in millions of dollars. the first number in each pair is bigbox's profit; the second is cheapstore's profit. for bigbox, the dominant strategy in this game is to â–¼

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Bigbox and cheapstore are the only two firms in a market. each firm must decide whether to price hig...
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