Refer to the information provided in Table 14.4 below to answer the question that follows.
Table 14.4
B's Strategy
-Refer to Table 14.4. The Nash equilibrium in the game is
A) (Raise Price, Don't Raise Price) .
B) (Don't Raise Price, Raise Price) .
C) (Don't Raise Price, Don't Raise Price) .
D) Both A and B are correct.
Correct Answer:
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