Each player can set the price to be $5 or $3 for a pair of glasses. If they both set a high price, each receives profits of $16,000 per year. If they both set a low price, each receives profits of $14,000 per year. If one sets a low price and the other sets a high price, the low-price firm receives profits of $18,000 per year while the high-price firm receives profits of $5,000 per year