Can you please provide step by step explaination The following is a payoff matrix showing profit in
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Can you please provide step by step explaination
The following is a payoff matrix showing profit in millions of dollars when two companies simultaneously decide on various advertising budgets ($1 million, $2 million, or $3 million):
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66755087768b3_3596675508760136.jpg)
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