Table 17-16

Table 17-16.This table shows a game played between two firms,Firm A and Firm B.In this game each firm must decide how much output (Q) to produce: 5 units or 6 units.The profit for each firm is given in the table as (Profit for Firm A,Profit for Firm B) .

-Refer to Table 17-16.The Nash equilibrium for this game is

A) 5 units of output for Firm A and 5 units of output for Firm B.
B) 5 units of output for Firm A and 6 units of output for Firm B.
C) 6 units of output for Firm A and 5 units of output for Firm B.
D) 6 units of output for Firm A and 6 units of output for Firm B.

Correct Answer:

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