Consider the payoffs for the following simultaneous, one-shot game:Firm A charges low, Firm B charges low. 0,0, [respectively] Firm A charges low, Firm B charges
Consider the payoffs for the following simultaneous, one-shot game:Firm A charges low, Firm B charges low. 0,0, [respectively] Firm A charges low, Firm B charges high: 50. -10 (respectively)Firm A charges high, Firm B charges low: -10. 50 (respectively)Firm A charges high, Firm B charges high: 1010 (respectively/What is the game's result if the firms collude? O A charges low, B charges high O Both charge high O A charges hight B charges low O Both charge low
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