-The Above Figure Shows the Payoff Matrix for Two Firms,A

question 51

Multiple Choice

-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.Which of the following is a Nash equilibrium?

• A)Firm A produces an advanced computer,and firm B produces a basic computer.
• B)Both firms produce advanced computers.
• C)Both firms produce basic computers.
• D)None of the above.

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