Question: Question 8 ( 1 point ) This payoff matrix represents the choices of two large universities in the Dallas area. The numbers represent profits and
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This payoff matrix represents the choices of two large universities in the Dallas area. The numbers represent profits and the first number is TCU and is in purple, the second number is SMU and is in red.
SMU
tableRaiselion,Dontrase uiric Rase tion,CtableUDontraise tuition
What is the Nash Equilibrium in this situation?
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