Rim and Johat are competing in the lebanese speaking water market. Each fam is deciding whether...

 

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Rim and Johat are competing in the lebanese speaking water market. Each fam is deciding whether to produce 40 gallons or 30 gallons of parking water for day the profits associated with each strategy are as follows 40 gallons 30 gallons a) is there is Sohat 40 gallons $1,600 $1,500 there any dominant strategy for Rim ? Explain b) Is there any any dom Sohal ? Bogallers 1,600 000 $15.00 2,000 1800 1800 dominent strategy for Explain C) Explain why this is an example of the prisoned's dilemma game Rim and Johat are competing in the lebanese speaking water market. Each fam is deciding whether to produce 40 gallons or 30 gallons of parking water for day the profits associated with each strategy are as follows 40 gallons 30 gallons a) is there is Sohat 40 gallons $1,600 $1,500 there any dominant strategy for Rim ? Explain b) Is there any any dom Sohal ? Bogallers 1,600 000 $15.00 2,000 1800 1800 dominent strategy for Explain C) Explain why this is an example of the prisoned's dilemma game

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To determine if there is a dominant strategy for each company Rim and Sohat we need to compare their ... View the full answer