The Colours-R-Us Printing Co. must decide whether to purchase a new machine which will allow it to print labels for its only customer, The Big Store, at lower cost. The Big Store must make an offer to Colours-R-Us to purchase labels. The offer may be either a low price or a high price. Payoffs are as follows:

What are the pure strategy Nash equilibrium of the game? (select all correct Nash Equilibria)

The Colours-R-Us Printing Co. must decide whether to purchase a new machine which will allow it to print labels for its only customer, The Big Store, at lower cost. The Big Store must make an offer to Colours-R-Us to purchase labels. The offer may be either a low price or a high price. Payoffs are as follows: What are the pure strategy Nash equilibrium of the game? (select all correct Nash Equilibria) The Big Store decision Coiaurs-R- Us decisianPayo's (BS, CRU} High Price Purchase {25, 25} Low Price Purchase {40, 0} High price Not purchase {5, 1 5} Low price Not purchase {20, 10}