Game Matrix III The Following Questions Refer to the Game Matrix Below. Each

Multiple Choice

Game Matrix III

The following questions refer to the game matrix below. Each firm has a choice of advertising, Ads, or not advertising, No ad. The profits each gets depend upon which it chooses.


-Refer to Game Matrix III.The Nash equilibrium is to be found where

A) neither firm advertises.
B) Firm A advertises,Firm B does not.
C) Firm A does not advertise but Firm B does.
D) both firms choose to advertise.