The Table Below Shows the Payoff (Profit) Matrix of Firm

Multiple Choice

The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2

-An efficient way to move toward the Nash equilibrium is called:

A) an agreement.
B) a convention.
C) a principle.
D) a resolution.
E) a convergence.