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Answer to Question #272962 in Economics of Enterprise for Hiiiiiii

Question #272962

d. Assuming the game is one-shoot game and Firm 1 moves first represent it in


extended form.


1
Expert's answer
2021-11-30T10:15:44-0500

The firm will sell more products compared to the other firm. Before other clients think of an alternative, most of them would have purchased from firm 1.


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