The Following Payoff Matrix Represents a Duopoly in Which the Numbers

Multiple Choice

The following payoff matrix represents a duopoly in which the numbers indicate the profit (in thousands of dollars) for a high-price or a low-price strategy.
-Refer to the above payoff matrix.Assume that firm Y adopts a low-price strategy,while firm X maintains a high-price strategy.Compared to the results from a high-price strategy for both firms,firm Y will now ________ and firm X will ________.

A) gain $100,000 in profit;lose $150,000 in profit
B) gain $150,000 in profit;lose $100,000 in profit
C) gain $525,000 in profit;lose $275,000 in profit
D) lose $150,000 in profit;gain $150,000 in profit
E) lose $100,000 in profit;gain $100,000 in profit