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Suppose only two allines, United and Delta Provide flights between Atlanta and Knoxville. Both firms choose Whether to adveotise of not advertise. The advertising strategies
Suppose only two allines, United and Delta Provide flights between Atlanta and Knoxville. Both firms choose Whether to adveotise of not advertise. The advertising strategies with corresponding Profits are depicted in the payoff matt matrix to the right. United Airline's profits are in yellow and Delta Airlines are in Orange Delta Not-Advertise Advesstice $7,000 Advertie Is 16,000 17,000 $3,000 united not. advertise 53,000 $ 13,000 $76,000 $13,000 United Airline's dominant strategy is to D and Delta Airline's dominant dominant! strategy is to D. What is Nash equilibrium for this game? O A United and Delta will both choose not to advertise. OB United will choose not to advertise and Delta will choose to advertise. O United and belta will both choose to advertise. OD United will choose to advertise and Delta will choose not to advertise
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