Question: Please help with these 2 (: thank you 5 6 7 1. In the game theory example we discussed in class, when cigarette ads were

Please help with these 2 (: thank you

Please help with these 2 (: thank you 5 6 7 1.

5 6 7 1. In the game theory example we discussed in class, when cigarette ads were banned from network television cigarette sales fell quickly top producers experienced higher profits cigarette consumer prices fell quickly top producers initiated a trigger strategy 2. A mixed strategy in game theory is most useful in solving the end-of-period problem consistently results in a single equilibrium is not effective among competitors Fis unpredictable

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