-Consider the Oil-Drilling Game in Figure 6

Multiple Choice

-Consider the oil-drilling game in Figure 6.6. The mixed-strategy Nash equilibrium for this game is:

A) Both companies randomly drill emphasizing narrow wells.
B) Both companies randomly drill emphasizing wide wells.
C) Both companies to randomly drill with PETROX emphasizing wide wells and GLOMAR emphasizing narrow wells.
D) Both companies to randomly drill with PETROX emphasizing narrow wells and GLOMAR emphasizing wide wells.
E) None of the above.