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1.Two firms operating in the same market must choose between a collude price and a cheat price. Firm A's profit is listed before the comma,

1.Two firms operating in the same market must choose between a collude price and a cheat price. Firm A's profit is listed before the comma, B's outcome after the comma.

Firm B Cheat Price Collude Price Firm A Cheat Price 18. 18 30. 6 Collude Price 6. 30 24. 245/0 B C MC D DOAR MR Quantity

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