Posted: July 15th, 2022
think about the competitive setting in which it operates. Provide an example of how this business might define the utility/payoff they provide per customer.
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For the business you identified for Week-1 discussion, think about the competitive setting in which it operates. Provide an example of how this business might define the utility/payoff they provide per customer. How can a competitor’s action in this industry be defined in a game theory setting?
– Use the attached document to see the resturant I refrecnce which you will use to answer this question
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