Multiple Choice
Use the following to answer questions:
Figure: Payoff Matrix for Ajinomoto and ADM
-(Figure: Payoff Matrix for Ajinomoto and ADM) Look at the figure Payoff Matrix for Ajinomoto and ADM. The Nash equilibrium combination occurs when ADM produces _____ million pounds and Ajinomoto produces _____ million pounds.
A) 30; 30
B) 40; 40
C) 30; 40
D) 40; 30
Correct Answer:

Verified
Correct Answer:
Verified
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