Question 20 (1 point) Payoff Matrix for Jake and Zoe Zoe High Price Low Price High $1,000 per week $1.500 per week Price $1,000 per week $200 per week Jake Low $200 per week $800 per week Price $1,500 per week $800 per week Jake and Zoe are the only producers of slushies in their tourist town. Every week, each decides whether to price high or price low for the following week. The payoff matrix shows the profit per week earned by their two firms. Suppose the firms collude and reach and agreement that both firms will charge a high price. Which of the firms has an incentive to break the agreement (assuming the other firm does not break the agreement)? O Both Jake and Zoe Zoe Neither Jake Previous Page Next Page