Assume that both Apple and Samsung have a marginal cost of 20. Apple’s payoff function is                             VA(PA, PS) = (PA - 20)(100 - 2PA + PS), whereas Samsung’s payoff function is                             VS(PA, PS) = (PS - 20)(100 - 2PS + PA). Find all Nash equilibria.

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Chapter1: Making Economics Decisions
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Assume that both Apple and Samsung have a marginal cost of 20. Apple’s
payoff function is
                            VA(PA, PS) = (PA - 20)(100 - 2P+ PS),
whereas Samsung’s payoff function is
                            VS(PA, PS) = (PS - 20)(100 - 2P+ PA).
Find all Nash equilibria.

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