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Both companies will choose to introduce the new line

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Both M&M and Hershey are considering a new Winter Wonderland Candy line. The payoffs matrix of their simultaneous game is below. What is the Nash Equilibrium of this game?

856_Winter Wonderland Candy line.PNG

a. Both companies will choose to introduce the new line of candy.

b. Neither company will choose to introduce the new line of candy.

c. Only M&M will introduce the candy, while Hershey will not.

d. Only Hershey will introduce the candy, while M&M will not.

e. There is no Nash Equilibrium to this game.

Reference no: EM131756792

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