QUESTION 14 Which of the following is the Nash equilibrium of the game in the picture? Du Q = 30 Q = 40 = 30 du's profit = 900 Etisalat du's profit = 1000 Etisalat's profit = 900 Etisalat's profit = $750 Q = 40 Etisalat's profit = 1000 du's profit = 750 a. Du chooses 30, Etisalat chooses 40. b. Du chooses 30, Etisalat chooses 30. C. Du chooses 40, Etisalat chooses 40. d. Du chooses 40, Etisalat chooses 30. du's profit = 800 Etisalat's profit = 800

QUESTION 14 Which of the following is the Nash equilibrium of the game in the picture? Du Q = 30 Q = 40 = 30 du's profit = 900 Etisalat du's profit = 1000 Etisalat's profit = 900 Etisalat's profit = $750 Q = 40 Etisalat's profit = 1000 du's profit = 750 a. Du chooses 30, Etisalat chooses 40. b. Du chooses 30, Etisalat chooses 30. C. Du chooses 40, Etisalat chooses 40. d. Du chooses 40, Etisalat chooses 30. du's profit = 800 Etisalat's profit = 800

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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