Use the given table to solve the answers-A) Find (if any) each firm's dominant strategy.B) Which strategy
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Use the given table to solve the answers-A) Find (if any) each firm's dominant strategy.B) Which strategy does each firm choose in equilibrium when collusion (joint agreement) is not allowed?C) Suppose that collusion is allowed between the two firms. Could these firms benefit from collusion? Why or why not?
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