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The Beatles and the Rolling Stones are competitors in the rock and roll music industry. Either band can go on tour or not. Consider their

The Beatles and the Rolling Stones are competitors in the rock and roll music industry. Either band can go on tour or not. Consider their payoff matrix given above. Suppose that the bands formed a cartel and equally split their combined payoffs. Which strategies maximize the cartel's combined payoffs? Question 29 options: The Rolling Stones go on tour and the Beatles do not The Beatles go on tour and the Rolling Stones do not Both bands go on tour Neither band goes on tour

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