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13. Two competing firms in the same industry, Firm A and Firm B, are trying to decide whether or not to build new capacity. The

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13. Two competing firms in the same industry, Firm A and Firm B, are trying to decide whether or not to build new capacity. The payoffs to each company are captured in the following payoff table: Firm B BUILD DON'T BUILD BUILD $180, $180 $240, $140 Firm A $140, $240 $190, $190 I DON'T BUILD The Nash equilibrium of this game is: a. Firm A builds new capacity, while Firm B does not b. Both companies build new capacity c. Firm B builds new capacity, while Firm A does note d. Both companies don't build e. There is no Nash equilibrium for this game

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