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PLEASE HELP I DONT UNDERSTAND!!!thanks :)Company Alpha and Company Beta are the only hotels in a small town. Before a large event in the town,

PLEASE HELP I DONT UNDERSTAND!!!thanks :)Company Alpha and Company Beta are the only hotels in a small town. Before a large event in the town, they project the following profit payoff scenarios based on offering free breakfast or not, measured in thousands of dollars.

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Company Alpha and Company Beta are the only hotels in a small town. Before a large event in the town, they project the fo Company Beta Free Breakfast | No Free Breakfast Company Alpha Free Breakfast $90. $95 $25, $110 No Free Breakfast $105, 565 $60, $55 a. Does Company Alpha have a dominant strategy to offer a free breakfast, no breakfast, or no dominant strategy? b. Does Company Beta have a dominant strategy to offer a free breakfast, no breakfast, or no dominant strategy? c. Assuming no cooperation, what will the profit be for each hotel? d. The government offers a $20.000 subsidy for offering free breakfast. Draw a new payoff matrix reflecting the subsidy. e. Assuming no cooperation, what will the profit be for each hotel after the subsidy? ( Source " C BIUSXXII: ED) = 3 Styles Format Font

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