Question: Consider the payoff matrix at right. A . The high output - high output and low output - low output pairs of strategies are Nash

Consider the payoff matrix at right.
A. The high output - high output and low output - low output pairs of strategies are Nash equilibria.
B. The high output - high output pair of strategies is a collusive outcome.
C. The low output - low output pair of strategies is a Nash equilibrium.
D. The high output - high output and low output - low output pairs of strategies are collusive outcomes.
E. The low output - low output pair of strategies is a collusive outcome.
Consider the payoff matrix at right. A . The high

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