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QUESTION 20 Wash is the Nash equilibrium in the game below? Prisoner 2 Stay Quiet Prisoner 1 (5 years in jail, 5 years in jail)

QUESTION 20

Wash is the Nash equilibrium in the game below?

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Prisoner 2 Stay Quiet Prisoner 1 (5 years in jail, 5 years in jail) (Set free, 8 years in jail) Stay Quiet (8 years injail, Set free) (1 year injail. 1 year in jail) Average Total Total Total Marginal Marginal total Price re venue cost profit revenue cost cost

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