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E. Assuming that there are only 2 cell phone companies, Apple and Samsung, what is the (Nash) Equilibrium) or price that each company in the
E. Assuming that there are only 2 cell phone companies, Apple and Samsung, what is the (Nash) Equilibrium) or price that each company in the following matrix will charge? At that price, what are the profits for each company? Note that the first number listed in bold is the profit for Apple and the second number listed that is in italics is the profit for Samsung. (10 points) F. Can Apple and Samsung Collude to increase their profits? Why or why not? (5 points) $999 8999 S13000 $22000 Apple $1099 Samsung $1099 $16000 $19000 S15000 $15000 S13000 $12000 S12000 $1199 S20000 $16000 S18000 $13000 $16000 $10000 $18000 $1199 89000 $14000
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