Question: Assume that this is a simultaneous move one shot game, i.e., each player moves simultaneously, and the game is played once. Two firms compete by

Assume that this is a simultaneous move one shot game, i.e., each player moves simultaneously, and the game is played once. Two firms compete by advertising, and you are given the profit matrix for the advertising game. The numbers in the table show the profit for each firm from each outcome.

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