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Company Alpha and Company Beta are the only hotels in a small town. Before a large event in the town, they project the following profit

Company Alpha and Company Beta are the only hotels in a small town. Before a large event in the town, they project the following profit payoff scenarios based on offering free breakfast or not, measured in thousands of dollars.

Company Beta Free Breakfast No Free Breakfast Company Alpha Free Breakfast $90, $95 $25, $110 No Free Breakfast $105, $65 $60, $55

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