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Business, 06.02.2021 06:00 laurenrubin18

Irrawaddynet wants to prevent Peoplenet from entering the market for high-priced, Fiber broadband service. Fiber broadband service provides better quality internet connection and uses less energy than any other internet services. Even though Fiber broadband service is more costly to manufacture than any other types, Irrawaddynet is nonetheless earning economic profit as the largest firm in the industry making Fiber broadband service for upscale consumers. The annual profits (in millions of dollars) for Irrawaddynet and Peoplenet are shown in the following payoff table for the pricing and entry decisions facing the two firms. Price is the monthly service fee for 100 Mbps

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