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(a) Could there be a Nash equilibrium with p; # p;? Explain your answer. [10 marks] (b) Graph the functions m(p) and or (p) on

(a) Could there be a Nash equilibrium with p; # p;? Explain your answer. [10 marks] (b) Graph the functions m(p) and or (p) on the domain p E [0, 10]. [10 marks] (c) By inspecting the functions in part (b) find the Nash equilibria of the price game.

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