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What is each player dominant strategy

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Reference no: EM13331059

Use the information in the following table, which summarizes the payoffs (i.e., profit) to two firms that must decide between an average

Firm 2

Average Quality

High Quality

Firm 1

Average Quality

600, 600

400, 1100

High Quality

1100, 400

900, 900

a. What is each player's dominant strategy? Explain your reason

Reference no: EM13331059

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