What is the Nash equilibrium in this advertising war?a) Coke advertises; Pepsi does not advertise b) Pepsi advertises; Coke does not advertise c) neither of them advertises d) both of them advertise   Explain the reasons for your answer? Was any other equilibrium position possible?                                          advertise                         do not  advertise pepsi-advertise                coke profit=$50B             coke profit =$20B                                          PEPSI profit =$50B            pepsi profit =$100B            do not advertise   coke profit =$100B             coke profit =$80B                                          pepsi profit =$20B              PEPSI PROFIT =$80 B

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