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Please answering the following question, thank you! Question 4 2 pts Suppose two firms chooses their prices simultaneously each period and the game repeats infinitely

Please answering the following question, thank you!

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Question 4 2 pts Suppose two firms chooses their prices simultaneously each period and the game repeats infinitely period. Both firms share the same constant marginal cost and produce homogeneous good. Suppose they follow the grim trigger strategies we described in class, which statement is correct? The grim trigger strategy profile can be a NE if the discount factor equals 0.49. The grim trigger strategy profile can be a NE if the discount factor equals 0.65. O The grim trigger strategy profile can be a NE if the discount factor equals0.45. O The grim trigger strategy profile can be a NE if the discount factor equals 0.35. Question 5 2 pts Which statement is correct regarding the sequential Hotelling model? The leader makes a higher profit than the follower. Both leader and follower makes the same profits. The leader makes a lower profit than the follower. It is better for leader to wait and hide his price. That is, the leader is better off in the setting that both firms post prices simultaneously

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