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2. There are only two players, X company and Y company, in a small town. Let's analyze the game between two companies. Suppose that each company can cut fares by 50% or leave fares alone.
 i. If both companies cut fares, each company's profit = $40 million
 ii. If neither company cuts fares, each company's profit = $60 million
 iii. If only one company cuts its fares, its profit = $80 million; the other company's profits = $20 million