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Lee and Cody are competitors.Each is considering whether to take aggressive action against the other or to cooperate.Cody can observe Lee's decision.Their decision tree can be diagrammed as follows:
Refer to the figure above.The equilibrium for this game is for Lee to choose _______ and for Cody to be _______ in response.
Brand Awareness
Refers to how familiar the general public or target audience is with a brand and its products or services.
Product Packaging
Involves the technology and design of enclosing or protecting products for distribution, storage, sale, and use, including the process of design and production of packages.
Designing
The process of envisioning and planning the creation of objects, systems, or interactions with a focus on functionality, aesthetics, and user experience.
Producing
The act of creating or manufacturing goods and services, often involving a combination of raw materials, labor, and machinery.
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