Table 17-32
Suppose that Angelina and Brad own the only two professional photography stores in town. Each must choose between a low price and a high price for senior photo packages. The annual economic profit from each strategy is indicated in the table below:
Angelina
Low price High price 
-Refer to Table 17-32. Is there a Nash equilibrium? If so, describe it.
Definitions:
Tiny Task
A very small or minor job, duty, or responsibility.
Immediate Reward
A benefit or compensation received soon after a particular action is taken, serving as immediate gratification for that action.
Procrastinated
Delayed or postponed actions or decisions, often as a result of anxiety, fear of failure, or perfectionism.
Task
A piece of work to be done or undertaken.
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