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Clicks Enter Do not enter - 1 0 Enter - 1 12 Dischem wwwwwwwwwwwww Do not 13 0 enter 0 0 The diagram above

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Clicks Enter Do not enter - 1 0 Enter - 1 12 Dischem wwwwwwwwwwwww Do not 13 0 enter 0 0 The diagram above shows the impact of profits (in ZAR million per quarter) for Clicks and Dischem, which are both considering opening new outlets in an off-campus mall, according to whether either or both enter this market. Which of the following is correct? Select one: The dominant strategy of both firms is not to enter this market. O The dominant strategy of each firm will be to do the opposite of what the other does. OA Nash equilibrium exists where neither firm enters the market. O There is no Nash equilibrium in this case. Neither firm has a dominant strategy in this case.

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