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Assume two firms (A and B) competing in the tablets industry. Each firm has two possible strategies: Advertise or Do Not Advertise. The payoffs associated

Assume two firms (A and B) competing in the tablets industry. Each firm has two possible strategies: "Advertise" or "Do Not Advertise". The payoffs associated with the different strategies are described below.

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Firm B Advertise Do Not Advertise Advertise Firm A $4 million $4 million $20 million 51 million (Firm A) (Firm B) (Firm A) Firm B) Do Not Advertise $1 million $20 million $10 million $10 million (Firm A) (Firm B) (Firm A) (Firm B)

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