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Given the payoff matrix below, answer the following questions: Company D High Prices Low Prices Company C High Prices B Company C $ 120,000| Company C $50,000 Company D $ 120,000 Company D $ 150,000 Low Prices C D Company C $ 150,000 Company C $ 160,000 Company D $50,000 Company D $ 160,000 a) Using the payoff matrix, what is the appropriate description of the mutual interdependence that characterizes oligopolistic industries? O The firms C and D are interdependent because their profits depend only on their own price. O The firms C and D are dependent because their profits depend not just on their own price, but also on the other firm's price. O None of the descriptions are appropriate in this situation. O The firms C and D are interdependent because their profits depend not just on their own price, but also on the other firm's price. b) Assuming no collusion between Company C and Company D, what is the likely profit outcome of Company C? Profit outcome = $0 c) Assuming no collusion between Company C and Company D, what is the likely profit outcome of Company D? Profit outcome = $0