Q1) what is the dominant strategy and explain the strategy that firms would pursue in this game.

Q2)xplain the outcome if ABC and XYZ are expected to compete in the market for a long period of time

Google Meet Recordin X ABBE3033 DBU2S1 45 X Comparing a Dominar X M Inbox (1,460) - clemen x Ng Xin Rou_Tutorial 6 x Search Results | Cours X Homework Help - Q& x + X C a docs.google.com/presentation/d/1ybzOWFJagLZDJfJ4G9_0XUXup5ZhziA_2GQAcEtbOUk/edit#slide=id.gb83123b428_0_3527 ES Apps M Gmail YouTube Maps - VIM Academy Business Economics... Quiz 3 L Hiragana Japanese... L Japanese Online Ke. j Entrepreneur vs Bus. .. U Learn to Speak Flue... At Introduction | The.. Reading list Ng Xin Rou_Tutorial 6_Group 3 Present Share File Edit View Insert Format Slide Arrange Tools Add-ons Help Last edit was seconds ago Yhab 7 Q AT M - 9 \\ Background Layout Theme Transition 31 1 2 1 1 1 | 1 1 1 3 1 1 1 1 1 1 1 4 1 1 1 1 1 1 1 5 1 1 1 1 1 1 1 7 1 1 1 1 1 1 1 8 1 1 1 1 1 1 1 9 1 1 1 1 10 al Contider the following pagel matrix for duopoly ABC and X92. (a) Consider the following payoff matrix for duopoly ::. ABC and Xyz. 11 efine dominant strategy and explain firms would pursue in this youre. XYZ's Decision + High Price Low Price 12 13 1 1 1 1 1 1 12 1 () Explain why eligupelies have trouble maintaining High RM100 billion profit for ABC RM25 billion profit for ABC Price RM100 billion profit for XYZ RM140 billion profit for XYZ ABC's Decision RM140 billion profit for ABC RM80 billion profit for ABC Low 13 (in) Explain the outcome if ABC and XYZ are expected to compete in the market for a long period of time. (5 marks) Price RM25 billion profit for XYZ RM80 billion profit for XYZ 11|11141 141 1 14 Question 4 75 Click to add speaker notes + Explore Type here to search O Pr PS Lr 30'C Mostly sunny ~ENG 5:56 PM 199 31/7/2021 E