(Table: Airline Baggage Fees II) British Airways and American Airlines have to decide whether or not to charge baggage fees. The revenue for each company that would result from the four possible outcomes is presented in the table. In the Nash equilibrium, American Airlines will earn $____ million in revenues.

Question

(Table: Airline Baggage Fees II)  British Airways and American Airlines have to decide whether or not to charge baggage fees. The revenue for each company that would result from the four possible outcomes is presented in the table. In the Nash equilibrium, American Airlines will earn $____ million in revenues.

Quizplus · Accepted Answer

The Answer of (Table: Airline Baggage Fees II)  British Airways and American Airlines have to decide whether or not to charge baggage fees. The revenue for each company that would result from the four possible outcomes is presented in the table. In the Nash equilibrium, American Airlines will earn $____ million in revenues.