The following table shows two firms in a single-stage game. Each firm makes its decision withoutknowledge of the other firm's decision. The payoffs for each firm represent economic profits, andeach firm strictly prefers more economic profit than less. In the Nash equilibrium of this game, Pepsiearns a profit of_and Coca-Cola earns a profit ofPepsiAdvertiseDoes Not Advertise$50 million$37.5 millionAdvertise $50 million$75 millionCoca-Cola$75 million$67.5 millionDoes NotAdvertise $37.5 million$67.5 million$67.5 million; $67.5 milliond. $75 million; $37.5 millionа.b. $30 million; $30 million$37.5 million; $75 millionе.$50 million; $50 millionс.

The strategy where the player would tend to continue with the strategy chosen by them while knowing…

The following table shows two firms in a single-stage game. Each firm makes its decision without knowledge of the other firm's decision. The payoffs for each firm represent economic profits, and each firm strictly prefers more economic profit than less. In the Nash equilibrium of this game, Pepsi earms a profit of_ and Coca-Cola earms a profit of _ Pepsi Advertise Does Not Advertise $50 million $37.5 million Advertise $50 million $75 million Coca-Cola $75 million $67.5 million Does Not Advertise $37.5 million $67.5 million a. $67.5 million; $67.5 million d. $75 million; $37.5 million b. $30 million; $30 million c. $37.5 million; $75 million е. $50 million; $50 million