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2. Comparative Economics: Two high tech firms (1 and 2) are considering a joint venture. Each firm can invest in a novel technology, and can
2. Comparative Economics: Two high tech firms (1 and 2) are considering a joint venture. Each firm can invest in a novel technology, and can choose a level of investment [0 5] at a cost of () = 2 4 (think of as how many hours to train employees or how much capital to buy for R
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