Multiple Choice
Use the following to answer question
Consider the following information for a simultaneous move game: Two discount stores (megastore and superstore) are interested in expanding their market share through advertising.The table below depicts the strategic outcomes (profits) of both stores with and without advertising.Payoffs for Megastore are in bold.
-When the game does reach the Nash Equilibrium,the payoffs for both stores will be
A) Megastore $95 and Superstore $80
B) Megastore $305 and Superstore $55
C) Megastore $65 and Superstore $285
D) Megastore $165 and Superstore $115
Correct Answer:

Verified
Correct Answer:
Verified
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