-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.Which of the following is a Nash equilibrium?
A)Firm A produces an advanced computer,and firm B produces a basic computer.
B)Both firms produce advanced computers.
C)Both firms produce basic computers.
D)None of the above.

Question

-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.Which of the following is a Nash equilibrium?
A)Firm A produces an advanced computer,and firm B produces a basic computer. 
B)Both firms produce advanced computers. 
C)Both firms produce basic computers. 
D)None of the above.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.Which of the following is a Nash equilibrium?
A)Firm A produces an advanced computer,and firm B produces a basic computer. 
B)Both firms produce advanced computers. 
C)Both firms produce basic computers. 
D)None of the above.

-The Above Figure Shows the Payoff Matrix for Two Firms,A