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Use the following case from question
Two ice cream trucks A&B are playing a simultaneous pricing game.If one of them prices low,he gets all the customers,a payoff of 12,while other gets zero.If both price high they each get a payoff of 6 and if both price low,they get a payoff of 5.
-Does the Nash equilibrium yield maximum profit?
Crisis Stage
A critical phase within a crisis situation where immediate decisions and actions are required to manage and resolve the crisis effectively.
Issues Management
The process of identifying, managing, and responding to issues that could potentially harm an organization's reputation or financial wellbeing.
Company's Reputation
The general public's perception of a company's credibility, reliability, and trustworthiness.
Corporate Litigation
Legal disputes involving companies, typically related to contracts, intellectual property, product liability, or other business activities.
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