Use the table, with data for Gizelle and Devin, to answer the question
Use the check mark method to determine which cell, if any, has a Nash equilibrium, and then choose the correct description.
A) The Nash equilibrium is Gizelle earning profit of $5,000 and Devin earning profit of $4,000.
B) The Nash equilibrium is Gizelle earning profit of $1,000 and Devin earning profit of $5,000.
C) The Nash equilibrium is Gizelle earning profit of $6,000 and Devin earning profit of $1,000.
D) The Nash equilibrium is Gizelle earning profit of $3,000 and Devin earning profit of $2,500.
Correct Answer:
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