=+charge either a high price or a low price for a ticket. The accompanying matrix shows their

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=+charge either a high price or a low price for a ticket. The accompanying matrix shows their payoffs, in profits per seat (in dollars), for any choice that the two airlines


can make.

Aie“R Us low pice High price rice High rice rvgman/Wells, Microeconomic, Se,© 2018 Worth Publishers.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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