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Are there any pure-strategy Nash equilibria in this game? Explain. (b) Find the mixed strategy played by the FDA in the equilibrium. (c) Find the
Are there any pure-strategy Nash equilibria in this game? Explain. (b) Find the mixed strategy played by the FDA in the equilibrium. (c) Find the mixed strategy played by Pilgrim Chicken in the equilibrium. (d) Suppose the FDA commits in advance whether to inspect the business or not, which effectively changes the game from simultaneous to sequential. Does the FDA have the first-mover advantage in this case? Explain
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