Firm B Q=5 Q=6 Firm A Q=5 16,16 12,18 Q = 6 18,12 13,13 The Nash equilibrium in this game is Q=6 for firm A and Q- 6 for firm B. Q=6 for firm A and Q-5 for firm B. Q=5 for firm A and Q-6 for firm B. Q=5 for firm A and Q5 for firm B.

Firm B Q=5 Q=6 Firm A Q=5 16,16 12,18 Q = 6 18,12 13,13 The Nash equilibrium in this game is Q=6 for firm A and Q- 6 for firm B. Q=6 for firm A and Q-5 for firm B. Q=5 for firm A and Q-6 for firm B. Q=5 for firm A and Q5 for firm B.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter8: Game Theory

Section: Chapter Questions

Problem 8.1P

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