QUESTION 7

QUESTION 7 (Table: Ozzie's, Manny's Payoff Table) Ozzie's Cement (profit in 1,000s) Low Price High Price Manny's Cement Low Price $60, $60 $130, $20 (profit in 1,000s) High Price $20, $130 $80, $80 Refer to the table. The Nash equilibrium of this game is: O $80, $80. O undefined in this game O $60, $60 O Low price, Low price