試題詳解

13. Consider a small town that has two grocery stores from which residents can choose to buy a loaf
of bread. The store owners each must make a decision to set a high bread price or a low bread
price. The payoff table, showing profit per week, is provided below. The profit in each cell is
shown as (Store A, Store
(B).

What is the Nash Equilibrium of this price-setting game?
(A) Grocery store A: Low price, Grocery store B: Low price.
B) Grocery store A: Low price, Grocery store B: High price.
(C)Grocery store A: High price, Grocery store B: How price.
(D) Grocery store A: High price, Grocery store B: High price.