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Two stores in a growing area are interested in expanding the size of their stores to accommodate potential growth in their customer base. The following
Two stores in a growing area are interested in expanding the size of their stores to accommodate potential growth in their customer base. The following game matrix depicts the outcomes that result from the game. Profits of the two stores under each combination of strategies are reflected in the game matrix above.
What is the optimal outcome for both stores as a group and what is the outcomeif each of it followsits self-interest ?
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