Question: Apple and Samsung set their prices simultaneously. Given the payoff matrix below, the Nash equilibrium is _____ Firm 2 High Low Firm 1 High (10;

Apple and Samsung set their prices simultaneously. Given the payoff matrix below, the Nash equilibrium is _____ Firm 2 High Low Firm 1 High (10; 10) (-2; 12) Low (12, -2) (6; 6)

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