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Use the Following Table to Answer the Question : Table

Question 61

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Use the following table to answer the question : Table 14-2 : represents the payoff matrix of firms A and B,when they choose to produce low or high output.In each cell,the figure on the left indicates Firm B's payoffs and the figure on the right indicates Firm A's payoffs.
Use the following table to answer the question : Table 14-2 : represents the payoff matrix of firms A and B,when they choose to produce low or high output.In each cell,the figure on the left indicates Firm B's payoffs and the figure on the right indicates Firm A's payoffs.   -Refer to Table 14-2.Which of the following statements about the two firms must be true? A) If Firm B produces low output,Firm A will also produce low output. B) If Firm B produces high output,Firm A will produce low output. C) If Firm A produces high output,Firm B will also produce high output. D) If Firm A produces low output,Firm B will produce high output.
-Refer to Table 14-2.Which of the following statements about the two firms must be true?


A) If Firm B produces low output,Firm A will also produce low output.
B) If Firm B produces high output,Firm A will produce low output.
C) If Firm A produces high output,Firm B will also produce high output.
D) If Firm A produces low output,Firm B will produce high output.

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