hello, I am having trouble answering question 2 for my homework

Safari File Edit View History Bookmarks Develop Window Help Q Wed Apr 14 11:41 AM . . . D laecon1.lyryx.com C Question 2 [5 points] Given the payoff matrix below, answer the following questions: Company D High Prices Low Prices A B High Prices Company C $200,000 Company C $60,000 Company D $200,000 Company D $250,000 Company C C D Low Prices Company C $250,000 Company C $280,000 Company D $60,000 Company D $280,000 a) Using the payoff matrix, what is the appropriate description of the mutual interdependence that characterizes oligopolistic industries? o The firms C and D are interdependent because their profits depend not just on their own price, but also on the other firm's price. O None of the descriptions are appropriate in this situation. O The firms C and D are interdependent because their profits depend only on their own price. O The firms C and D are dependent because their profits depend not just on their own price, but also on the other firm's price. b) Assuming no collusion between Company C and Company D, what is the likely profit outcome of Company C? Profit outcome = $0 c) Assuming no collusion between Company C and Company D, what is the likely profit outcome of Company D? Profit outcome = $0 APR 14 A P