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Y's Prices $6 $5 $4 12 14 15 $7 16 15 13 9 11 13 56 19 16 14 9 10 $5 18 17 15

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Y's Prices $6 $5 $4 12 14 15 $7 16 15 13 9 11 13 56 19 16 14 9 10 $5 18 17 15 efer to the profits-payoff table for a duopoly. If initially firms X and Y are charging $6 and $4, respectively. Multiple Choice O The two firms will be maximizing joint profits. O X would find it advantageous to lower its price regardless of whether Y alters its price. Y would find it advantageous to raise its price if it were certain X would not alter its price X would find it advantageous to raise its price if it were certain Y would not alter its price

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