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Subway reduced the price of its foot-long sandwiches to $5. Quiznos responded by introducing the $4 Torpedo as a permanent menu item. This is an

Subway reduced the price of its foot-long sandwiches to $5. Quiznos responded by introducing the $4 Torpedo as a permanent menu item. This is an example of a: Nash equilibrium. grim trigger strategy. tit-for-tat strategy. trembling hand trigger strategy

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