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Two high tech firms, Alpha Electronics and Mega Technology, are contemplating investing in research and development on the new generation of flat screen computers. The
Two high tech firms, Alpha Electronics and Mega Technology, are contemplating investing in research and development on the new generation of flat screen computers. The cost of the investment is high but the investment may generate good profits for the company that invested, especially if the other company did not do so. The payoff matrix below describes the profits that the two firms will earn under different situations:
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