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Table B. A Smalltown has 150 residents and two pizza stores: domino's pizza and pizzahut. Each firm's costs: FC = $0, MC = $10. The market demand is represented by the following table.
\table[[Price,Quantity,Profit =(Price - MC) x Quantity],[40,30,],[35,45,],[30,60,],[25,75,],[20,90,],[15,105,],[10,120,],[5,135,],[0,150,]]
Refer to Table B. What is the Nash Equilibrium?
each store makes 75 pizza and charges $25
each store makes 45 pizza and charges $20
each store makes 90 pizza and charges $20
each store makes 35 pizza and charges $25
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