Question 5 1 pts Firm A and Firm B are the only two firms in a market. They can both either charge a high price or a low price. If they both charge a high price, each firm makes $5,000 a day. If they both charge a low price, each firm earns $2,000 a day. If one firm charges a high price and the other charges a low price, the firm charging the high price earns $1,000 a day and the firm charging a low price earns $8,000 a day. Which of the following is true? (Hint: use a matrix to show each firm's options.) a. Charging a high price is a dominant strategy for both firms, but there is incentive to sell at the low price, provided your competitor does not. b. Charging a high price is a dominant strategy for both firms, and there is no incentive to sell at the low price. c. Charging a low price is a dominant strategy for both forms, but there is incentive to collude and agree to sell at the high price. d. Charging a low price is a dominant strategy for both firms, and there is no incentive to sell at the high price. e. Neither firm has a dominant strategy here, so a Nash equilibrium does not exist