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Question 10 5 pts Use the figure. What is the Nash equilibrium of this pricing game? General Electric-set price at $4,000 General Electric-set price at
Question 10 5 pts Use the figure. What is the Nash equilibrium of this pricing game? General Electric-set price at $4,000 General Electric-set price at $4,000 Profit: $10 million Profit: -$4 million Profit: $10 million Profit: $16 million Westington-set price at $4,000 Westington-set price at $2,000 General Electric-set price at $2,000 General Electric-set price at $2,000 Profit: $4 million Profit: $16 million Profit: -$4 million Profit: $4 million Westington-set price at $4,000 Westington-set price at $2,000 O General Electric to set a price of $4,000 and Westinghouse to set a price of $4,000. O General Electric to set a price of $2,000 and Westinghouse to set a price of $4,000. O General Electric to set a price of $4,000 and Westinghouse to set a price of $2,000. O General Electric to set a price of $2,000 and Westinghouse to set a price of $2,000
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