Question 1
Refer to the information provided in Table 14.5 below to answer the question that follows.
Refer to Table 14.5. If both firms follow a maximin strategy, the equilibrium in the game is ________.
Question 2
Refer to the information provided in Table 14.6 below to answer the question that follows.
Refer to Table 14.6. Firm Aʹs dominant strategy is
Answer 1
(Advertise, Advertise)Answer 2
to advertise.