Consider the following game in which two firms decide how much of a homogeneous good to produce.The annual profit payoffs for each firm are stated in the cell of the game matrix, and Firm A's payoffs appear first in the payoff pairs:

Firm B-low output

Firm B-high output

Firm A-low output

50, 90

200, 100

Firm A-high output

200, 75

250, 250

What is the Nash equilibrium for thisgame?

A.Both firms produce high levels of output

B.Both firms producer low levels of output

C.Firm A produces high levels of output, and Firm B produces low output.

D.Firm A produces low levels of output, and Firm B produces high output.