Question 18 (1.25 points)

Question 18 (1.25 points) Collude produce 30m FIRM B Compete produce 50m Saved Collude Produce 20m FIRM A A: $200m profits B: 5300m profits A: SO m profits B: profits Compete Produce 35m A: $300 profits B: $170m profits A: $100 profits B: $200,-n profits Given the payoffs in the matrix shown, Firm A: C) should always choose to collude, regardless of Firm B's actions. @ should always choose to compete, regardless of Firm B's actions. C) should compete if Firm A competes and collude if Firm B colludes. C) should compete if Firm A colludes and collude if Firm B competes.