Refer to the following game. $\begin{array}{l}
\quad\quad\quad\quad\quad\text { Firm B }\
\text { Firm A}
\begin{array}{|l|l|l|}
\hline & \text {Low Price } & \text { High Price } \
\hline \text {Low Price } & (10,9) & (15,8) \
\hline \text { High Price } & (-10,7) & (11,11) \
\hline
\end{array}\end{array}$ If this one-shot game is repeated three times,the Nash equilibrium payoffs for firms A and B will be ______ each period.
A) (10, 9)
B) (11, 11)
C) (?10, 7)
D) (15, 8)

Question

Refer to the following game. $\begin{array}{l}
\quad\quad\quad\quad\quad\text { Firm B }\
\text { Firm A}
\begin{array}{|l|l|l|}
\hline & \text {Low   Price } & \text { High Price } \
\hline \text {Low  Price } & (10,9) & (15,8) \
\hline \text { High  Price } & (-10,7) & (11,11) \
\hline
\end{array}\end{array}$ If this one-shot game is repeated three times,the Nash equilibrium payoffs for firms A and B will be ______ each period.
A) (10, 9)
B) (11, 11)
C) (?10, 7)
D) (15, 8)

Quizplus · Accepted Answer

The Answer of Refer to the following game. $\begin{array}{l}
\quad\quad\quad\quad\quad\text { Firm B }\
\text { Firm A}
\begin{array}{|l|l|l|}
\hline & \text {Low   Price } & \text { High Price } \
\hline \text {Low  Price } & (10,9) & (15,8) \
\hline \text { High  Price } & (-10,7) & (11,11) \
\hline
\end{array}\end{array}$ If this one-shot game is repeated three times,the Nash equilibrium payoffs for firms A and B will be ______ each period.
A) (10, 9)
B) (11, 11)
C) (?10, 7)
D) (15, 8)

Refer to the Following Game If This One-Shot Game Is Repeated Three Times,the Nash Equilibrium