-Consider the Static Oil-Drilling Game Depicted in Figure 16

Multiple Choice

-Consider the static oil-drilling game depicted in Figure 16.2. The payoffs to both players from Nash equilibrium strategy profile for this game are:

A) (52, 52) .
B) (12, 70)
C) (70, 12)
D) (24, 24)
E) Cannot be determined without additional information about the players' positions in the game tree.