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The accompanying figure presents information for a one-shot game. Firm B Low Price High Price Firm A Low Price (2, 2) (10, -8) High Price
The accompanying figure presents information for a one-shot game. Firm B Low Price High Price Firm A Low Price (2, 2) (10, -8) High Price (-8, 10) (6, 6) What are the Nash equilibrium strategies for firm A and B, respectively? Multiple Choice O (high price, high price) O (low price, high price) O (low price, low price)
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