-Suppose Intel and AMD Can Each Charge Either $300 or $200

question 224

Multiple Choice

-Suppose Intel and AMD can each charge either $300 or $200 for a CPU (the computing unit of a computer) .The above table illustrates the payoffs,in millions of dollars,from each of the four possible outcomes that could occur in their duopoly setting.If Intel charges $300 and AMD charges $300,then Intel's profit will be ________ million and AMD's profit will be ________ million.

• A) $320; $160
• B) $200; $180
• C) $500; $100
• D) $450; $220
• E) $320; $220