Refer to Game Matrix V. Which of the following values of X and Y result in the only Nash Equilibrium being (Yes, Yes)?

Game Matrix V



The following questions refer to the game matrix below. Each firm has a choice of saying Yes or NO. The profits each gets depend upon which it chooses.







a. X = 21, Y = 9.

b. X = 19, Y = 11.

c. X = 21, Y = 11.

d. It is not possible for (Yes, Yes) to be a Nash Equilibrium.


d. It is not possible for (Yes, Yes) to be a Nash Equilibrium.

Economics

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