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Suppose two pizza shops (Pizza1 and Hotstone) compete for customers. Each store is considering three strategies: 1) advertisement campaign, 2) remodel store, or 3) leave
Suppose two pizza shops (Pizza1 and Hotstone) compete for customers. Each store is considering three strategies: 1) advertisement campaign, 2) remodel store, or 3) leave store as it is. In the following table, payoffs represent thousands of dollars profit per year, where the first payoff is Pizza1 and the second payoff is Hotstone.
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