In the game depicted below, firms 1 and 2 must independently decide whether to charge high or low prices.Firm 1Firm 2??High PriceLow Price?High Price(10,10)(5,-5)?Low Price(-5,5)(0,0)If player 1 charges a high price when player 2 charges a low price, then player 2 earns:

A. ?5.
B. 0.
C. 5.
D. 10.

Answer: A

Economics

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