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Use the figure. What is the Nash equilibrium of this pricing game? General Electric-set price at $4.000 General Electric-set price at $4.000 Profit: $10 million

Use the figure. What is the Nash equilibrium of this pricing game?

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General Electric-set price at $4.000 General Electric-set price at $4.000 Profit: $10 million Profit: -$4 million Profit: $10 million Profit: $16 million Westington-set price at $4,000 Westington-set price at $2,000 General Electric-set price at $2.000 General Electric-set price at $2,000 Profit: $4 million Profit: $16 million Profit: -$4 million Profit: $4 million Westington-set price at $4,000 Westington-set price at $2,000

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