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P =60 - (10+10) = 40; Profit= Revenue-Cost=40x10-(102 ) = 300 9. Given the payoff matrix above, find the Nash equilibrium. a. Firm A produces

P =60 - (10+10) = 40; Profit= Revenue-Cost=40x10-(102 ) = 300 9. Given the payoff matrix above, find the Nash equilibrium. a. Firm A produces 12, Firm B produces 10 b. Firm A produces 10, Firm B produces 12 c. Firm A produces 12, Firm B produces 12 d. Firm A produces 15, Firm B produces 15 e. None of the above Feedback. It is a dominant strategy for firm A to produce 12 as three m

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