​Use the Following Case from Question

question 4

Multiple Choice

​Use the following case from question
Two ice cream trucks A&B are playing a simultaneous pricing game.If one of them prices low,he gets all the customers,a payoff of 12,while other gets zero.If both price high they each get a payoff of 6 and if both price low,they get a payoff of 5.
-​If the game is repeated indefinitely,and the vendors adopt a trigger strategy such that they would start charging the low price only if the other vendor charged a low price last time,what would be the Nash equilibrium?

• A)​Both the vendors price high
• B)Both the vendors price low
• C)Vendor A prices high,vendor B prices low
• D)​Vendor B prices high,vendor A prices low

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