Question: I need help with this microeconomics question. .> A Moving to another question will save this response. > Question 2 2 points Save Answer Consider

 I need help with this microeconomics question. .> A Moving to

I need help with this microeconomics question.

another question will save this response. > Question 2 2 points Save

.> A Moving to another question will save this response. > Question 2 2 points Save Answer Consider two firms that are choosing the price of competing products. The choices are contained in the payoff table. Each firm can raise price, lower price, or maintain their price. Suppose the game is played once each period forever. What is player A's Payoff if both players play the strategy "always lower price." Let b = discount rate, 0

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