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-The Above Figure Shows the Payoff Matrix for Two Firms,A

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  -The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.The mixed-strategy Nash equilibrium is A) Firm A produces an advanced computer with 80% chance,firm B produces an advanced computer with 20% chance. B) Both firms produce advanced computers with 50% chance. C) Firm A produces an advanced computer with 60% chance,firm B produces an advanced computer with 40% chance. D) Both firms produce advanced computer with 80% chance.
-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.The mixed-strategy Nash equilibrium is

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenue.

Average Rate

The mean price or value of a commodity or service over a given period or in a given market.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Cash Payback Method

A capital budgeting technique that calculates the time required for an investment to generate cash flows sufficient to recover the initial investment cost.

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