Refer to the decision tree below to answer the following question: 1 Don't Enter _ $2 billion, $4 billion Enter Concede Price War $3 billion,
Refer to the decision tree below to answer the following question: 1 Don't Enter _ $2 billion, $4 billion Enter Concede Price War $3 billion, $2 billion $2.5 billion, $2.3 billion Question: What is the outcome of the game using backward induction
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