Question: EXERCISE 2 : A game between two companies, Company A and Company B. They each can set their prices high or low. The payoffs in

EXERCISE 2 : A game between two companies, Company A and Company B. They each can set their prices high or low. The payoffs in the matrix represent the profits each company earns depending on both companies' pricing strategies. Assignment: Find the Nash Equilibrium in this matrix by describing the different steps. COMPANY B PRICE HIGH PRICE LOW Y IR I N R T COMPANY A L2 LN PRICE LOW PRICE HIGH

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