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The Following Table Shows the Payoff Matrix of the Two

Question 67

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The following table shows the payoff matrix of the two firms (Firm X and Firm Y) , in dollars, when they advertise and when they do not advertise.Table 12.1
The following table shows the payoff matrix of the two firms (Firm X and Firm Y) , in dollars, when they advertise and when they do not advertise.Table 12.1    -According to Table 12.1, if firm X advertises and Y does not advertise,: A) firm X earns $50 and firm Y earns $200. B) firm X earns $150 and firm Y earns $200. C) firm X earns $100 and firm Y earns $200. D) firm X earns $50 and firm Y earns $180. E) firm X earns $180 and firm Y earns $80.
-According to Table 12.1, if firm X advertises and Y does not advertise,:


A) firm X earns $50 and firm Y earns $200.
B) firm X earns $150 and firm Y earns $200.
C) firm X earns $100 and firm Y earns $200.
D) firm X earns $50 and firm Y earns $180.
E) firm X earns $180 and firm Y earns $80.

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