Use the following to answer questions:
Figure: Payoff Matrix for Jake and Zoe 
-(Figure: Payoff Matrix for Jake and Zoe) Look at the figure Payoff Matrix for Jake and Zoe, the only producers of slushies in their tourist town. Each week, each decides whether to price high or price low for the following week. The figure shows the profit per week earned by their two firms. According to the Nash equilibrium, Jake prices _____ and Zoe prices _____.
Definitions:
Propositions
Assertions or claims that can be evaluated as true or false, serving as the fundamental building blocks of logical arguments.
Theater
A place where live performances of plays, music, dance, or other art forms are presented to an audience.
Crowded
A situation or place where there is a high density of people or objects in a given area.
Predicate
The component of a sentence or an equation that expresses what is said about the subject, often involving a verb or relationship indicating properties or actions.
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