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8.4.1 Identify the dominant strategy for each firm. 8.4.2 Briefly explain whether there is a Nash equilibrium in the above situation. 8.4.3 Explain why there

8.4.1 Identify the dominant strategy for each firm. 8.4.2 Briefly explain whether there is a Nash equilibrium in the above situation. 8.4.3 Explain why there may be an incentive for Qantas and Virgin Australia to collude

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