Table 11-10
Martin and Lewis each run one of the two bingo parlors in Schenectady. Both consider offering free rides to and from the parlors. Table 11-10 shows the payoff matrix containing the expected weekly profits for each bingo parlor.
-Refer to Table 11-10.What is the Nash equilibrium in this game?
A) There is no Nash equilibrium.
B) Martin offers free rides, but Lewis does not.
C) Lewis offers free rides, but Martin does not.
D) Both Martin and Lewis offer free rides.
Correct Answer:
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