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accompanying payoff matrix. Player 2 Low Q Player 1 LOW Q High Q $10, $35 High Q $25, $30 $30, $7 $20, $6 Suppose the

accompanying payoff matrix. Player 2 Low Q Player 1 LOW Q High Q $10, $35 High Q $25, $30 $30, $7 $20, $6 Suppose the production game depicted in the payoff matrix is a sequential-move game. Identify the strategy leading to a first-mover advantage for player 2. Multiple Choice Player 2 moves first and plays High Q. Observing player 2's move, player 1's best response is to play Low Q Player 2 moves first and plays Low Q. Observing player 2's move, player 1's best response is to play Low Q Player 2 moves first and plays High Q. Observing player 2's move, player 1's best response is to play High Q Player 2 moves first and plays Low Q. Observing player 2's move, player 1's best response is to play High

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