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The accompanying figure presents information for a one-shot game. Firm B Low Price High Price Firm A Low Price (4) , (4) (12) , -(2)
The accompanying figure presents information for a one-shot game. Firm B Low Price High Price Firm A Low Price (4) , (4) (12) , -(2) High Price (2) , (-12) (6) , (6) If this one-shot game is repeated 20 times, the Nash equilibrium payoffs of the players will be in each period
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