Hey everyone, I have an announcement! If y'all are interested in winning prizes of $100-$200 gift cards, then make sure to add me on IG at Nob1gdyl, to watch the challenge updates & announcements! We have just finished our World Series Challenge, so congratulations to everyone who chose the Los Angles Dodgers as their NL picks & gg to everyone who chose the Tampa Bay Rays as your AL picks! So we will be announcing winners on Sunday & its down to 2 people who predicted 2020 World Series! Stay tuned for our Super Bowl challenge coming soon! Tysm y'all for all of your endless support! Make to sure to join the Ashe Army & #TopDogz communities as well! Have an amazing Halloween & a spoopy weekend! Love you guys!

Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms. if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise. if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise. if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise. both firms will choose to advertise. fizzo will choose not to advertise and pop hop will choose to advertise. both firms will choose not to advertise. again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise. both firms will choose not to advertise. fizzo will choose to advertise and pop hop will choose not to advertise. both firms will choose to advertise.