(Figure: Payoff Matrix for Alex and Sybil) Use Figure: Payoff

Multiple Choice

(Figure: Payoff Matrix for Alex and Sybil) Use Figure: Payoff Matrix for Alex and Sybil. Alex and Sybil are the only producers of frozen yogurt in their town. Every week, each decides how much frozen yogurt to produce for the following week. The figure shows the profit per week earned by their two firms. The Nash equilibrium in this situation is:
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A) Alex high; Sybil high.
B) Alex high; Sybil low.
C) Alex low; Sybil high.
D) Alex low; Sybil low.