Below is a table showing what strategy
Firm 2
would choose for each of
Firm 1's
strategies.
Firm 2
doesn't have a
dominant strategy
either.
If Firm 1 Plays
Firm 2 Will Play
High
Low
Medium
High
Low
High
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Below is a table showing what strategy Firm 2 would choose for each of Firm 1's strategies. Firm 2 doesn't have a dominant strategy either.
