-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.The mixed-strategy Nash equilibrium is
A)Firm A produces an advanced computer with 80% chance,firm B produces an advanced computer with 20% chance.
B)Both firms produce advanced computers with 50% chance.
C)Firm A produces an advanced computer with 60% chance,firm B produces an advanced computer with 40% chance.
D)Both firms produce advanced computer with 80% chance.

Question

-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.The mixed-strategy Nash equilibrium is
A)Firm A produces an advanced computer with 80% chance,firm B produces an advanced computer with 20% chance. 
B)Both firms produce advanced computers with 50% chance. 
C)Firm A produces an advanced computer with 60% chance,firm B produces an advanced computer with 40% chance. 
D)Both firms produce advanced computer with 80% chance.

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.The mixed-strategy Nash equilibrium is
A)Firm A produces an advanced computer with 80% chance,firm B produces an advanced computer with 20% chance. 
B)Both firms produce advanced computers with 50% chance. 
C)Firm A produces an advanced computer with 60% chance,firm B produces an advanced computer with 40% chance. 
D)Both firms produce advanced computer with 80% chance.

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