​Use the Following to Answer Question

question 57

Multiple Choice

​Use the following to answer question
Consider the following information for a simultaneous move game:  Two discount stores (megastore and superstore) are interested in expanding their market share through advertising.The table below depicts the strategic outcomes (profits) of both stores with and without advertising.

-​If the stores could co-operate,what is the new Nash equilibrium?

• A)​Megastore $95 and Superstore $80
• B)Megastore $305 and Superstore $55
• C)Megastore $65 and Superstore $285
• D)​Megastore $165 and Superstore $115

---

Definitions:

Confound

To confuse or mix up, often referring to variables that interfere with the clear interpretation of a study's results.

Social Neuroscience Perspective

A field of study focuses on understanding how biological systems influence social behaviors and processes, combining neuroscience and social psychology.

Cognitive-behavioral Perspective

A psychological approach that emphasizes the role of thought processes and behaviors in understanding and modifying psychological distress.

Cultural Perspective

An approach or viewpoint that acknowledges how cultural contexts shape and influence beliefs, values, and practices.