What is the equilibrium of the game if Bud and Wise play it repeatedly?

Bud and Wise are the only two producers of a New Age beer, which is designed to displace root beer. Bud and Wise are trying to work out the quantity to produce.
They know that if:
• Both limit production to 10,000 gallons a day, they will make the maximum attainable joint profit of $200,000 a day—$100,000 a day each.
• One produces 20,000 gallons a day while the other produces 10,000 a day, the one that produces 20,000 gallons will make an economic profit of $150,000 and the one that sticks with 10,000 gallons will incur an economic loss of $50,000.
• Both produce 20,000 gallons a day, each will make zero economic profit.