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combination of prices that the two shops could choose. The first en second entry shows Quicklunch's profits. Assuming that both shops know the answer the
combination of prices that the two shops could choose. The first en second entry shows Quicklunch's profits. Assuming that both shops know the answer the following, Quicklunch High Price Low Price High Price $105, $TIO $40. $130 Breadbasket Low Price $120, 580 575. $70 fay Does cach shop have a dominant strategy to set a high price, a dominant strategy to set a low price. ar loves it have no dominant strategy (1) Breadbasket (it) Quicklunch by If the two shops do not cooperate on setting prices, what will be the profit for each shop () Breadbasket
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