Table 1 is a payoff matrix for harvard and yale they were


Table 1 is a payoff matrix for Harvard and Yale. They were recently caught colluding on tuition rates and can no longer confer on rates. The payoff matrix describes the tuition revenues they will each receive by charging high or low tuition rates. Will they charge high or low rates and why?

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Business Economics: Table 1 is a payoff matrix for harvard and yale they were
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