-The above figure shows a payoff matrix for two firms,A and B,that must choose between a high-price strategy and a low-price strategy.The Nash equilibrium in this game
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Canada
A country in North America consisting of 10 provinces and 3 territories, known for its vast landscapes and multicultural diversity.
Enforceable
A legal term describing a contract or obligation that is recognized by law and can be upheld in a court of law.
Deposit
A deposit is a sum of money paid into a bank account or paid as part of a financial transaction as a pledge or part-payment, often refundable under specific conditions.
Agreement
A mutual understanding or arrangement between two or more parties regarding their rights and obligations.
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