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In the accompanying game, firms 1 and 2 must independently decide whether to charge high or low prices. Firm Two High Price Low Price Firm

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In the accompanying game, firms 1 and 2 must independently decide whether to charge high or low prices. Firm Two High Price Low Price Firm One High Price (10, 10) (-50,50) Low Price (50,-50) (0, 0) If the firms cooperated with each other, what would their payoffs be?

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