The Following Provides Information for a One-Shot Game What Are the Nash Equilibrium Strategies for This Game?
A)

question 96

Multiple Choice

The following provides information for a one-shot game. $\begin{array}{l}\quad\quad\quad\quad\quad\quad\text { Firm B}\\\text { Firm A}\begin{array}{|l|l|l|} \hline &\text { Low Price } & \text { High Price }\\\hline & & \\\text { Low Price } & (2,2) & (10,-8) \\\hline & & \\\text { High Price } & (-8,10) & (15,15) \\\hline\end{array}\end{array}$ What are the Nash equilibrium strategies for this game?

• A) (low price, low price)
• B) (high price, high price)
• C) (low price, low price) and (high price, high price)
• D) None of the preceding answers is correct.

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