Fast Run and Go! are two rival brands of sports apparels.The payoff matrix below shows their revenue in millions of U.S.dollars if they lower the price of their products.The first number listed in each cell is the payoff to the row player,and the second number listed is the payoff to the column player.

Find the Nash equilibrium for this game.

Question

Fast Run and Go! are two rival brands of sports apparels.The payoff matrix below shows their revenue in millions of U.S.dollars if they lower the price of their products.The first number listed in each cell is the payoff to the row player,and the second number listed is the payoff to the column player.
  
Find the Nash equilibrium for this game.

Quizplus · Accepted Answer

The Answer of Fast Run and Go! are two rival brands of sports apparels.The payoff matrix below shows their revenue in millions of U.S.dollars if they lower the price of their products.The first number listed in each cell is the payoff to the row player,and the second number listed is the payoff to the column player.
  
Find the Nash equilibrium for this game.

Fast Run and Go! Are Two Rival Brands of Sports