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

Multiple Choice

Game Matrix V

The following questions refer to the game matrix below. Each firm has a choice of saying Yes or NO. The profits each gets depend upon which it chooses.


-Refer to Game Matrix V.Which of the following values of X and Y result in the only Nash Equilibrium being (No,No) and there also being a Prisoners' Dilemma?

A) X = 21,Y = 9.
B) X = 19,Y = 11.
C) X = 31,Y = 11.
D) It is not possible for (No,No) to be a Nash Equilibrium and for there to be a Prisoners' Dilemma.