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Refer to the accompanying payoff matrix Player 2 Low Q High Q Player 1 Low Q $80, $5 $20, $60 High Q $60, $30 $10,
Refer to the accompanying payoff matrix Player 2 Low Q High Q Player 1 Low Q $80, $5 $20, $60 High Q $60, $30 $10, $20 Suppose the simultaneous-move game depicted in the payoff matrix could be turned into a sequential-move game with player 1 moving first. In this case, the equilibrium payoffs will be Multiple Choice O ($80, $5). O ($20, $60). O ($60, $30). O ($10, $20)
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