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Suppose that GU-Q can spend QAR 20 million in an advertisement campaign to differentiate themselves from NU-Q and attract a higher number of students. Their
Suppose that GU-Q can spend QAR 20 million in an advertisement campaign to differentiate themselves from NU-Q and attract a higher number of students. Their payoff would change according to the matrix below. What would be the Nash equilibrium in this case? Would you recommend GU-Q to spend on advertisement? Why?
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