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-The Above Figure Shows the Payoff Matrix for Two Firms,A

Question 51

Multiple Choice

  -The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.Which of the following is a Nash equilibrium? A) Firm A produces an advanced computer,and firm B produces a basic computer. B) Both firms produce advanced computers. C) Both firms produce basic computers. D) None of the above.
-The above figure shows the payoff matrix for two firms,A and B,choosing to produce a basic computer or an advanced computer.Which of the following is a Nash equilibrium?


A) Firm A produces an advanced computer,and firm B produces a basic computer.
B) Both firms produce advanced computers.
C) Both firms produce basic computers.
D) None of the above.

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