Table 17-17

Table 17-17.Consider a small town that has two grocery stores from which residents can choose to buy a gallon of milk.The store owners each must make a decision to set a high milk price or a low milk price.The payoff table,showing profit per week,is provided below.The profit in each cell is shown as (Store 1,Store 2) .

-Refer to Table 17-17.If grocery store 1 sets a low price,what price should grocery store 2 set? And what will grocery store 2's payoff equal?

A) Low price,$500
B) High price,$800
C) Low price,$100
D) High price,$650