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QUESTION 29 The only two barbers in a small town agree not to advertise. But you can dramatically increases your profits by advertising when your

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QUESTION 29 The only two barbers in a small town agree not to advertise. But you can dramatically increases your profits by advertising when your competitor does not. If your competitor advertises, better advertise too. The Nash equilibrium for this game is that both barbers advertise. O True False

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