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

question 132

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  -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.What must Intel's price be for AMD to earn $220 million in profit? A)  $200 B)  $400 C)  $220 D)  either $300 or $400 because AMD earns $220 million in profit either way E)  None of the above answers is correct because the payoff matrix shows that it is not possible for AMD to earn $220 million in profit
-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.What must Intel's price be for AMD to earn $220 million in profit?

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