[Solved] Below Is a Profit Pay-Off Matrix for Two Oligopoly Firms

Question 51
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Below is a profit pay-off matrix for two oligopoly firms: North and South.North's profits are shown in the upper portion of each box and South's are in the lower portion.
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-Refer to the information above to answer this question.What will be the profit for North and South respectively if they successfully collude with each other?


A)$180 and $180.
B)$200 and $80.
C)$80 and $200.
D)$100 and $100.

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