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Need help please 3. The following game describes a type of competitive market structure know as Bertrand Price Competition. where two firms simultaneously choose prices

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Need help please

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3. The following game describes a type of competitive market structure know as Bertrand Price Competition. where two firms simultaneously choose prices for their product. The payoffs in the matrix represent the profits earned by the two firms for each strategy profile chosen by the firms. Firm B High Price Low Price Firm A High Price $450, $450 $0, $800 Low Price $800, $0 $200, $200 Find the Nash Equilibrium of this game. Show your method by describing the best response strategy for each player

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