The accompanying matrix depicts two firms in a single-stage duopoly game. Each firm makes its decision without knowledge of the other firm's decision. The payoffs for each firm represent economic profits, and each firm strictly prefers more economic profit than less. If X is greater than $3,500, then:
A) there is only one Nash equilibrium, and this game would be considered a prisoner's dilemma.
B) there are two Nash equilibria, and this game would be considered a prisoner's dilemma.
C) there are three Nash equilibria, and this game would be considered a prisoner's dilemma.
D) there is only one Nash equilibrium, and this game would not be considered a prisoner's dilemma.
E) there are two Nash equilibria, and this game would not be considered a prisoner's dilemma.
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