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Noncooperative Games

ACE and BEST are the simply two grocery stores within a remote small town into North Dakota. The owners like each other very small and trust each other even less. When they cooperate the Antitrust Division of the U.S. Department of Justice will never know. When both the owners of ACE and BEST follow their dominant strategies as: (w) each will earn less than the greatest potential profit. (x) the grocery stores will compete. (y) each owner could do better if they cooperated and did not compete. (z) all of the above.

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Hey friends please give your opinion for the problem of Economics that is given above.

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