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What would be mattie best response

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Reference no: EM132316920

Irene's Dairy is deciding whether or not to enter the market for ice cream, currently monopolized by Mattie's Ice-cream. If it enters the market, Mattie's can either accommodate him and share his 10 million in profits equally with Irene or fight him and cause a 5million loss for each in a price war.?

?In a sequential game, if Irene decides to enter the market, what would be Mattie's best response?

a.? Accommodate

b. ?Run away

c.? Fight

d.? Shut down

Reference no: EM132316920

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