Table 14-2 Ming and Henri Each Run One of the Two

question 26

Multiple Choice

Table 14-2 Ming and Henri each run one of the two dry cleaning facilities in the town of Scaraby.Both consider offering free pickup and delivery services.Table 14-2 shows the payoff matrix containing the expected quarterly profits for each firm.
-Refer to Table 14-2.What is the Nash equilibrium in this game?

• A)There is no Nash equilibrium.
• B)Ming offers free pickup and delivery,but Henri does not.
• C)Henri offers free pickup and delivery,but Ming does not.
• D)Both Ming and Henri offer free pickup and delivery.

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