[See] Comcast and Verizon are considering which services to offer customers in the area region. Each firm could offer phone service (alone), cable service
Question: Comcast and Verizon are considering which services to offer customers in the area region. Each firm could offer phone service (alone), cable service (alone), or offer both services. We can model these decisions in a payoff matrix (as shown below). What is the Nash equilibrium of the game? Explain your answer. The payoffs in the table can be read: (Comcast’s Profit, Verizon’s Profit).
Deliverable: Word Document 
Solution: Let’s considered a simplified "world": suppose there
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