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a. What is the equilibrium of this game? Now, suppose Eddie is true to his name and provides a low-price guarantee (by this, he commits

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a. What is the equilibrium of this game? Now, suppose Eddie is true to his name and provides a low-price guarantee (by this, he commits to refund the difference to any consumers who buy from him if his stereo costs more than yours). Recognizing that this will be popular, you match this promise on your stereos. Now the game looks as follows: Crazy Eddie PE = 150 PE = 100 PN = 150 4500, 4500 4250, 2500 You PN = 100 4250, 2500 4000, 4000 What's

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