Microsoft microsoft netscape $30 free netscape $30 $3 billion / $3 billion $-1 billion / $4 billion netscape free $4 netscape and microsoft can develop their own versions of an amazing new web browser that allows advertisers to target consumers with great precision. the new browser is easier and more fun to use than existing browsers. each browser has the same features and abilities. each firm is trying to decide whether to sell the browser for $30 or give it away free. can you help them decide? (2 points microsoft microsoft netscape $30 free netscape $30 $3 billion / $3 billion $-1 billion / $4 billion netscape free $4 billion / $-1 billion $2 billion / $2 billion
a. find the best strategy for each firm and explain why it is the best.
b. what is the economic profit of each firm based on your answer to
a.