## Payoff matrix for pizza-pricing game

Game Theory Problem 1 Consider a homogeneous product, quantity choosing, duopoly. Inverse demand is given by p = 25;000- Q where p is unit price and Q = q1 + q2 is total industry output. Firm 1 has a constant marginal cost of c1 = 10;000, while firm 2 has a constant marginal cost of […]