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Consider the following payoff matrix for a one-period game played between two firms: Firm 2 Left Right Firm 1 Up 10 . 2 7 ,4

Consider the following payoff matrix for a one-period game played between two firms: Firm 2 Left Right Firm 1 Up 10 . 2 7 ,4 Down 12 . 4 8 . 6 What is Firm 1's dominated strategy? O a. Right O b. Left O c. Down O d. Up

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