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Bob's Burgers and Sam's Sandwiches are competing restaurants in a small town. Both are considering adding pizza to their line of products. If this is
Bob's Burgers and Sam's Sandwiches are competing restaurants in a small town. Both are considering adding pizza to their line of products. If this is a one-time simultaneous game, both firms have a dominant strategy to add pizza to their menu. both firms have a dominant strategy to not add pizza to their menu. a Nash equilibrium occurs either when both add pizza or both do not add pizza. neither firm has a dominant strategy
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