ADVERTISING: Two companies share a market, in which they currently make $5,000,000 each. Both need to determine whether

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answerhappygod
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ADVERTISING: Two companies share a market, in which they currently make $5,000,000 each. Both need to determine whether

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ADVERTISING: Two companies share a market, in which they currently make $5,000,000 each. Both need to determine whether they should advertise. For each companyadvertising costs $3,000,000 and captures $3,000,000 from thecompetitor provided the competitor doesn’t advertise. Whatshould the companies do? write in your discussions and Explanation in full details.
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