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l . '_'-'J b} Consider two phone producers: Orange and Star. They have two possible strategies, improving cameras (3} or improving battery life {BL}. The
l . "'_"'-'J b} Consider two phone producers: Orange and Star. They have two possible strategies, improving cameras ("3} or improving battery life {BL}. The prots that each firm makes from those strategies are reported in the following table: m sum2m 200,300 mm mm Is there a dominant strategyr for any of the rms? Find all the Nash equilibria in the game. (6 marks}
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