(Table: College Football Recruitment) The table shows the payoffs associated with two levels of spending for recruitment of star football players.
Payoffs: University of Michigan's Football Revenue, Michigan State's Football Revenue 
What is the Nash equilibrium?
A) Each school will spend a little money on recruiting.
B) Each school will spend lots of money on recruiting.
C) The University of Michigan will spend a little money on recruiting, and Michigan State University will spend lots of money on recruiting.
D) There are two Nash equilibria: (1) both schools spend lots of money recruiting and (2) both schools spend little money recruiting.
Correct Answer:
Verified
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