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micro economic Qplstion 19 2.5 points Save Answer The tabie below represent: two firms {i'Irrn A and Firm E] thatoperate in the same industry. Each

micro economic

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Qplstion 19 2.5 points Save Answer The tabie below represent: two firms {i'Irrn A and Firm E] thatoperate in the same industry. Each rm must decide how much output to produce this year. The prots for each rm are shown in the table below (Prot for Firm A and Profit for Firm B). Firm B (127 (1:3 Firm A 0:? [20.141 (15.15) 0:3 {15,13} (13,20) Does Firm A have a dominant strategy. and if so at what quantity? Yes. at a uanti ofE. 0 El t)" No. because it depends on what quantity rm E chooses. O O No. because it depends on what quantity rm A chooses. 0 Yes. at a quantity of7

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