Imagine a small town with three car repair shops competing for a limited number of customers. Explain why the three shop

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answerhappygod
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Imagine a small town with three car repair shops competing for a limited number of customers. Explain why the three shop

Post by answerhappygod »

Imagine a small town with three car repair shops
competing for a limited number of customers. Explain why the three
shops working together to keep their prices high is unlikely to be
a Nash equilibrium.
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