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Suppose you are the owner of a supermarket in a medium-sized town. There are already two other supermarkets in town. A well-known national chain supermarket

Suppose you are the owner of a supermarket in a medium-sized town. There are already two other supermarkets in town. A well-known national chain supermarket is planning to come to town. Analyze the impact of this newcomer on your pricing strategy and profits. How would you appropriately model this game?

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