(Table: Firms 1 and 2 I) Payoffs represent profits measured in thousands of dollars. 
Which of the following outcomes represent(s) a Nash equilibrium?
I. (200 , 200)
II. (600 , 990)
III. (650, 400)
IV. (400 , 825)
A) II and I
B) II
C) II and III
D) III and IV
Correct Answer:
Verified
Q131: (Figure: Game A and B II)
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