Use the following Payoff Matrix for Company A and Company

B, the only two companies that produce widgets, to answer the following questions.
-What is the expected outcome of this one-time (not repeated) game? Defend your answer.
-How might your answer change if the game is repeated indefinitely?
-To what extent does this example illustrate why firms in some concentrated oligopolies exhibit cooperative or collusive behavior even though they don’t explicitly collude?
Company B Lowers Price Company B Does Not Lower Price Company A Lowers Price Company B’s Payoff: $100
Company A’s Payoff: $100 Company B’s Payoff: -$100
Company A’s Payoff: $1,000 Company A Does Not Lower Price Company B’s Payoff: $1000
Company A’s Payoff: -$100 Company B’s Payoff: $500
Company A’s Payoff: $500

-Describe at least two benefits to companies implementing corporate social responsibility (CSR) and shared value strategies. Include at least two examples of companies that have adopted CSR or shared value, and discuss how they benefited from them.

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