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(c) 15 marks Suppose the current strategy profile has all Group A individuals choos- ing Facebook and all Group B individuals choosing Google. Now suppose
(c) 15 marks Suppose the current strategy profile has all Group A individuals choos- ing Facebook and all Group B individuals choosing Google. Now suppose that from this strategy profile that, . one Group A individual decided to choose Google forever more. What would the resulting strategy profile be? . one Group B individual decided to choose Facebook forever more. What would the resulting strategy profile be? (d) 5 marks Suppose that the Group B individuals are elitist and don't want to be seen as residing on the same platform as the 'uncool' Group A individuals. How might you change the payoffs to reflect this
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
