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Use dominant strategies to find the outcome to the simultaneous game below. Payoffs are listed Toyota, GM . table [ [ enter , enter,stay

Use dominant strategies to find the outcome to the simultaneous game below. Payoffs are listed Toyota, GM

.

\

table

[[

enter

,

enter,stay out

], [

Toyota

, 60, 50, 80, 90], [

stay out,

70, 80, 90, 60]]

Toyota enter, GM stay out

Toyota stay out, GM enter

Toyota enter, GM enter

Toyota stay out, GM stay out

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