The following table shows two firms in a duopoly.Each firm makes its decision without knowledge of the other firm's decision.The payoffs for each firm represent economic profits,and each firm strictly prefers more economic profit than less.If both firms were able to collude and make their supply decisions collectively,Flixbuster would sell ________ subscriptions per month and Nextflix would sell ________ subscriptions per month.
Definitions:
Medicare Taxes
Taxes deducted from workers' paychecks to fund the Medicare program, which provides healthcare benefits to eligible elderly and disabled individuals.
Provision
A clause in a legal document or law that stipulates a particular requirement or action.
Unemployment Benefits
Financial payments provided by the government to individuals who are unemployed through no fault of their own and meet other eligibility requirements.
American Welfare State
Refers to government programs and policies designed to provide social and economic support to individuals and families within the United States.
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