Refer to the normal-form game of price competition shown below.Firm AFirm B??CD?A50,50500-x,200?B100,500-x50,50For what values of x is strategy (B, D) the only Nash equilibrium of the game?
A. All x < 450
B. All x > 450
C. x < 50
D. x = 450
Answer: B
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