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What Happens in a Duopoly If Both Firms Try to Act

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What happens in a duopoly if both firms try to act as the Stackelberg leader?


Definitions:

Dunkin' Donuts

An American multinational coffee and doughnut company, also known for its breakfast sandwiches.

Management By Walking Around

A management style where leaders walk around the workplace to interact with employees, understand their tasks, and encourage open communication.

Service Providers

Companies or individuals that offer services to others in exchange for payment, rather than selling physical products.

Customers

Persons or organizations that buy products or services from a company.

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