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Given the following action and payoff table, which answer is correct? Firm B Firm B Cooperate Pull out Firm A Cooperate 200, 200 0, 0

Given the following action and payoff table, which answer is correct?

Firm B Firm B
Cooperate Pull out
Firm A Cooperate 200, 200 0, 0
Firm A Pull out 0, 0 100, 100

Nash Equilibrium exists: Don't Expand, Don't Expand

Nash Equilibrium exists: A - Don't Expand, B - Expand

Nash Equilibrium exists: A - Expand, B - Don't Expand

Nash Equilibrium exists: A - Expand, B - Expand

Nash Equilibrium doesn't exist.

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