-Refer to Figure 1.4 in which the payoffs are in millions of dollars. Suppose that Tsunami Corporation and Cyclone Company contemplating a change in their advertising strategies. The Nash equilibrium strategy profile for this game is:
A) {Newspapers, Magazines}.
B) {Television, Magazines}.
C) {Newspapers, Radio}.
D) {Television, Radio}.

Question

-Refer to Figure 1.4 in which the payoffs are in millions of dollars. Suppose that Tsunami Corporation and Cyclone Company contemplating a change in their advertising strategies. The Nash equilibrium strategy profile for this game is:
A) {Newspapers, Magazines}. 
B) {Television, Magazines}. 
C) {Newspapers, Radio}. 
D) {Television, Radio}.

Quizplus · Accepted Answer

The Answer of 
-Refer to Figure 1.4 in which the payoffs are in millions of dollars. Suppose that Tsunami Corporation and Cyclone Company contemplating a change in their advertising strategies. The Nash equilibrium strategy profile for this game is:
A) {Newspapers, Magazines}. 
B) {Television, Magazines}. 
C) {Newspapers, Radio}. 
D) {Television, Radio}.