MCQ question 1 Two firms are deciding whether to invest in a new technology or not. The payoff matrix for the two firms (Firm A, Firm B) is as follows: Firm B Invest Don't Invest Firm A Invest (i) (ii) 0,0 3,1 Don't invest (iii) (iii) 1.3 2,2 What is the Nash Equilibrium of this game? OA. Both firms invest. OB. Both firms don't invest. C. Firm A chooses invest and Firm B chooses don't invest only. OD. Firm B chooses invest and Firm A chooses don't invest only. O E. Both C and D are correct

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