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For your discussion post, use Figure 15-1 from the textbook as your starting point to address the following: Play and analyze the game. Can, and
For your discussion post, use Figure 15-1 from the textbook as your starting point to address the following:
- Play and analyze the game. Can, and how does, the entrant succeed? Is the incumbent ever in control of this game? What is the Nash equilibrium?
- You may wish to review the old game known as Duopoly, as well as Antoine-Augustin Cournot, to help inform your post.
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