Refer to the normal-form game of price competition shown below. For what values of x is strategy (B, D) the only Nash equilibrium of the game? A) All x 450 B) All x

Question

Refer to the normal-form game of price competition shown below.  For what values of x is strategy (B, D) the only Nash equilibrium of the game?
A) All x > 450 
B) All x < 450 
C) x = 450 
D) x < 50

Quizplus · Accepted Answer

The Answer of Refer to the normal-form game of price competition shown below.  For what values of x is strategy (B, D) the only Nash equilibrium of the game?
A) All x > 450 
B) All x < 450 
C) x = 450 
D) x < 50

Refer to the Normal-Form Game of Price Competition Shown Below