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Question 4 10 points TM and Mayota are the only companies serving a market. TM can introduce a new line of vehicles to the market. In response Mayota can introduce a new line of vehicles as well. ... They both know their competitive advantages and each sale of one will reduce the market share of the other. The table below shows the expected gain in market share for TM thousands of units Mayota Sedan SUV Van Sport Coup TM Sedan 1 2 3 -2 4 SUV 0 3 -1 4 3 Van 2 2 1 2 3 Sport 2 2 3 4 3 Coup 0 1 4 3 2 What is the best strategy for TM? (2 points) Would be maxmin First row min =-2 Second row min =- [Show More]
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Mar 26, 2023
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