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C18.3-20 The table on the right shows the payoff matrix for two firms operating a zipline duopoly in a resort town. If the fi
omplete) HW Score: 35%, 7 of Question Help Firm Xs strategies 100 rides 60 rides $3,000 $1,000 100 rides $3,000 $6,000 Firm
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Industry profit will be 5000 each so it will be 10,000 and they will offer 60 rides each. The answer is "E". It will be Nash equilibrium of both of them collude. or else it will be 3000 each.

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