If Nike and Adidas Are Faced with the Game in the Figure

question 2

Multiple Choice

If Nike and adidas are faced with the game in the figure shown, we can predict:

• A)an outcome that is good for society but less than ideal for these companies.
• B)an outcome that is less than ideal for society, but optimal for these companies.
• C)that both companies will choose their dominant strategies, and society will lose.
• D)None of these is likely to happen.