The figure below presents information for a one-shot game.Firm AFirm B??Low PriceHigh Price?Low Price(2,2)(10,-8)?High Price(-8,10)(6,6)What are the Nash equilibrium strategies for firm A and B respectively?
A. (high price, low price)
B. (low price, low price)
C. (high price, high price)
D. (low price, high price)
Answer: B
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