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Which of the following pricing strategies does Table 3 depict?I said Sue tit-for-tat and Jane low TABLE 3 Sue Jane First Period Choose High or
Which of the following pricing strategies does Table 3 depict?I said Sue tit-for-tat and Jane low
TABLE 3 Sue Jane First Period Choose High or low price High Low First Period Profit $0 $800 Second Period Choose High or low price Low Low Second Period Profit $400 $400 Total Profit in both periods $400 $1,200
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