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accompanying payoff matrix. Player 2 Low Q High Q Player 1 Low Q $10, $35 $25, $30 High Q $30,$7 $20, $6 If the payoff

accompanying payoff matrix. Player 2 Low Q High Q Player 1 Low Q $10, $35 $25, $30 High Q $30,$7 $20, $6 If the payoff matrix is a simultaneous-move production game, the Nash equilibrium is for Multiple Choice both players to produce low output both players to produce high output player 1 to produce low output and player 2 to produce high output. player 1 to produce high output and player 2 to produce low output

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