Refer to the Accompanying Matrix

question 10

Multiple Choice

Refer to the accompanying matrix.Which of the following is a Nash equilibrium?

• A) Company A chooses Strategy 1 and Company B chooses Strategy 1.
• B) Company A chooses Strategy 1 and Company B chooses Strategy 2.
• C) Company A chooses Strategy 2 and Company B chooses Strategy 2.
• D) Company A chooses Strategy 2 and Company B chooses Strategy 1.
• E) None of the above.

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Definitions:

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The ability of an individual or organization to interact effectively with people of different cultures and socio-economic backgrounds.

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