-Refer to the payoff matrix above. Which of the following is the pure- strategy Nash Equilibrium?
A)Set High Price/Set High Price
B)Set High Price/Set Low Price
C)Set Low Price/Set High Price
D)Set Low Price/Set Low Price

Question

-Refer to the payoff matrix above. Which of the following is the pure- strategy Nash Equilibrium?
A)Set High Price/Set High Price 
B)Set High Price/Set Low Price 
C)Set Low Price/Set High Price 
D)Set Low Price/Set Low Price

Quizplus · Accepted Answer

The Answer of 
-Refer to the payoff matrix above. Which of the following is the pure- strategy Nash Equilibrium?
A)Set High Price/Set High Price 
B)Set High Price/Set Low Price 
C)Set Low Price/Set High Price 
D)Set Low Price/Set Low Price

-Refer to the Payoff Matrix Above