Consider the following capacity expansion game between Porsche and BMW. BMW Do Not Build Build Small Build Large Do Not Build 10, 10 12, 8
Consider the following capacity expansion game between Porsche and BMW. BMW Do Not Build Build Small Build Large Do Not Build 10, 10 12, 8 30, 4 Porsche Build Small 8, 12 11, 11 20, 5 Build Large 4, 30 5, 20 10, 10 Assume that firms move simultaneously. What is the equilibrium strategy for BMW? O Build Small O Build Large O Do Not Build
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