According to the Figure Shown

question 90

Multiple Choice

According to the figure shown:

• A) there is no stable equilibrium to the game.
• B) both players will act in their own self-interest and get a stable, but less than optimum, equilibrium.
• C) both players will act in their own self-interest and get an optimum equilibrium that is stable.
• D) both players have an incentive to charge a low price and undercut the competition.