Scenario 13.15 Consider the Pricing Game Below

question 117

Multiple Choice

Scenario 13.15
Consider the pricing game below:
-Refer to Scenario 13.15. If the firms price simultaneously, equilibrium would be:

• A) an $80 price for Simple and a $70 price for Boring.
• B) an $80 price for Simple and a $25 price for Boring.
• C) a $35 price for Simple and a $70 price for Boring.
• D) a $35 price for Simple and a $25 price for Boring.
• E) a mixed strategy equilibrium.

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