Solved

-Suppose Intel and AMD Can Each Charge Either $300 or $200

Question 97

Multiple Choice

  -Suppose Intel and AMD can each charge either $300 or $200 for a CPU (the computing unit of a computer) .The above table illustrates the payoffs,in millions of dollars,from each of the four possible outcomes that could occur in their duopoly setting.If Intel charges $200 and AMD charges $300,then Intel's profit will be ________ million and AMD's profit will be ________ million. A)  $200; $180 B)  $320; $160 C)  $500; $100 D)  $450; $220 E)  $500; $220
-Suppose Intel and AMD can each charge either $300 or $200 for a CPU (the computing unit of a computer) .The above table illustrates the payoffs,in millions of dollars,from each of the four possible outcomes that could occur in their duopoly setting.If Intel charges $200 and AMD charges $300,then Intel's profit will be ________ million and AMD's profit will be ________ million.


A) $200; $180
B) $320; $160
C) $500; $100
D) $450; $220
E) $500; $220

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