Two firms are in the chocolate market. Each can choose to go for the high end of the market (high quality) or the low end (low quality). Resulting profits are given by the payoff matrix to the right. Firm 1

Low High

Firm 2 Low -20, -30 900, 600

High 100, 800 50, 50

What outcomes, if any, are Nash equilibria?

infinitely many solutions

step-by-step explanation:

we have been given the equation;

2(2x + 3) = -4 + 2(2x + 5)

we need to determine the value of x.

2(2x + 3), we expand this expression to obtain 4x + 6

similarly 2(2x + 5) will become 4x + 10

now we have;

4x + 6 = -4 + 4x + 10

4x + 6 = 4x + 10 - 4

4x + 6 = 4x + 6

the expression on the left hand side is identical to the one on the right hand side. therefore, we are looking at just a single straight line whose equation is;

y = 4x + 6

consequently, we shall have infinitely many solutions

answer: hey there,

the answer you are looking for is a..

hope this you!

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step-by-step explanation:

10.416 meters per second

step-by-step explanation:

distance=1 00 meters

time= 9.6 seconds in decimal form or 9 3/5 as a mixed number

average speed= 100/9.6

=10.416 meters per second or 10 52/125 as a mixed number.