Scenario 13.15
Consider the pricing game below:
-Refer to Scenario 13.15. If the firms price simultaneously, equilibrium would be:
A) an $80 price for Simple and a $70 price for Boring.
B) an $80 price for Simple and a $25 price for Boring.
C) a $35 price for Simple and a $70 price for Boring.
D) a $35 price for Simple and a $25 price for Boring.
E) a mixed strategy equilibrium.

Question

Scenario 13.15
Consider the pricing game below: 
-Refer to Scenario 13.15. If the firms price simultaneously, equilibrium would be:
A) an $80 price for Simple and a $70 price for Boring. 
B) an $80 price for Simple and a $25 price for Boring. 
C) a $35 price for Simple and a $70 price for Boring. 
D) a $35 price for Simple and a $25 price for Boring. 
E) a mixed strategy equilibrium.

Quizplus · Accepted Answer

The Answer of Scenario 13.15
Consider the pricing game below: 
-Refer to Scenario 13.15. If the firms price simultaneously, equilibrium would be:
A) an $80 price for Simple and a $70 price for Boring. 
B) an $80 price for Simple and a $25 price for Boring. 
C) a $35 price for Simple and a $70 price for Boring. 
D) a $35 price for Simple and a $25 price for Boring. 
E) a mixed strategy equilibrium.

Scenario 13.15 Consider the Pricing Game Below