Business
Business, 15.11.2019 21:31, dinadenoirefan

Suppose that each of two firms has the independent choice of advertising its product or not advertising. if neither advertises, each gets $10 million in profit; if both advertise, their profits will be $5 million each; and if one advertises while the other does not, the advertiser gets $15 million profit while the other gets $2 million profit. according to game theory the nash equilibrium is

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Business, 21.06.2019 21:00, Dianar4308
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Business, 22.06.2019 02:30, damiangibson2
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Business, 22.06.2019 05:30, mem8163
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