Question: Problem 2 . Two airlines offer one flight per day from Sioux Falls to Chicago. Airline A is small and can only choose between a
Problem Two airlines offer one flight per day from Sioux Falls to Chicago. Airline A is small and can only choose between a lowcapacity or a mediumcapacity airplane, while Airline B has access to highcapacity airplanes. The airlines make their decisions simultaneously and independently. The entries in the table represent the profits of Airline A in bold and Airline B given each combination of capacity decisions.
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