Question: Use the table to answer the question. Peter and Olga live near a lake with open fishing, and both have fishing boats there. They are

Use the table to answer the question. Peter and Olga live near a lake with open fishing, and both have fishing boats there. They are the only two sellers in their local fish market. What is likely to be the outcome in a Nash equilibrium? Peter and Olga Fish in the Lake Olga fishes every day Olga fishes two times each week Peter fishes every day Both Olga and Peter have smaller and smaller catches over time Peter catches and sells more fish than Olga Peter fishes two times each week Olga catches and sells more fish than Peter Both Olga and Peter have large catches each fishing trip Question 10 options: Both Olga and Peter have smaller and smaller catches over time. Peter catches and sells more fish than Olga. Olga catches and sells more fish than Peter. Both Olga and Peter continue to have large catches on each fishing trip

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