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(a) Do you have a dominant strategy? Please explain. (b) Does your rival have a dominant strategy? Please explain. (c) What is the Nash equilibrium
(a) Do you have a dominant strategy? Please explain.
(b) Does your rival have a dominant strategy? Please explain.
(c) What is the Nash equilibrium for the one-shot game? Please explain.
(d) How much would you be willing to bribe your rival not to advertise?Please explain.
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