Two fishermen, Jerry and Sandy, share access to a lake. To maintain the stock of fish in the lake, they would prefer to avoid overfishing by releasing young-small fish ("release"). However, separating the small fish is costly and selling it is profitable ("sell"), and it is only successful if both are undertaking this approach, which is difficulty because one can't monitor the other. If both fisherman play the "release" strategy, then both will earn an long-run economic profit of $100. If both play the "sell" strategy, they will both earn an economic profit of $40. If one of them plays "release" and the other plays "sell," then the fisherman playing "release" will earn $10 while the one playing "sell" will earn $110. What outcome is predicted by Nash Equilibrium in this simultaneous game?

Group of answer choices

Both "Release"

Sandy Sells; Jerry Releases

Sandy Releases; Jerry Sells

Both "Sell"