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(1 pt ea) The payoff matrix presents the monthly profits resulting from pricing strategies being considered by two competing businesses. a. Does Nathan have a

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(1 pt ea) The payoff matrix presents the monthly profits resulting from pricing strategies being considered by two competing businesses. a. Does Nathan have a dominant solution? b. What combination of strategies does the payoff matrix predict Nathan and Simon will follow? Nathan's Stereo Open Close weekends weekends 2000 \\ 1000 Open weekends Simon's 300 100 Music \\ 5000 1 8000 Close weekends 400 200

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