-Refer to Figure 2

Multiple Choice

-Refer to Figure 2.7, which summarizes the payoffs in thousands of dollars to two firms in a duopolistic industry arising from alternative pricing strategies. Assume that this is a simultaneous-move, non-cooperative, one-time game. The payoffs for this game are:

A) (300, 350) .
B) (-100, 425) .
C) (400, -150) .
D) (190, 180) .
E) (400, 425) .