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Two firms F 1 and F 2 make colour and black and white television sets. F 1 can make either 3 0 0 per colour
Two firms F and F make colour and black and white television sets. F can make either per colour sets in a month or an equal number of black and white sets, and make a profit of percolour set and & per black and white set. F can, on the other hand, make either colour sets. or black and white and colour sets, or black and white sets per month. It also has the sameProfit margin on the two sets as F each month there is a market of colour sets and black and white sets and the manufacturers would share market in proportion in which they manufacture sparticular type of set.Write the payoff matrix of F per month. Obtain F and Fs optimal strategies and value of the game. Attempt graphically. Give me step by step solution in easy language
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