Question: table [ [ , table [ [ Wild Turkey: Advertises on ] , [ TV ] ] , table [ [ Wild
tabletableWild Turkey: Advertises onTVtableWild Turkey: No TVAdvertisingtableCrown Royal: TVAdvertisingtableCrown Royal: $ millionWild Turkey: $ milliontableCrown Royal: $ millionWild Turkey: $ milliontableCrown Roay:AdvertisingtableCrown Royal: $ millionWild Turkey: $ milliontableCrown Royal: $ millionWild Turkey: $ million
$ amounts are company profits.
Refer to the above matrix. If the federal government were successful in banning liquor advertisements, which of the following would be true? Select all that apply:
The government's policy would be an example of a commitment device.
The government's policy would be an example of a dominant strategy.
Both companies would be better off.
Both companies would be worse off.
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