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Suppose Coca-cola and Pepsi-Cola, who do not communicate, are engaged in a sales game and each firm seeks to maximise profit. The firms set high price or low price. The payoff matrix is constructed as below. What would be the equilibrium outcome of this game? Coca-Cola's strategies Low Price High Price $75 $200 Low price $75 SO Pepsi's strategies O SO $50 High price $200 $50 O a. $200 for Coca-cola and $0 for Pepsi O b. $0 for Coca-cola and $200 for Pepsi O c. $50 for Coca-Cola and $50 for Pepsi O d. $75 for Coca-cola and $75 for Pepsi