Suppose there are two aircraft producers, Boeing and Airbus. If both produce, each loses $5 million dollars. If neither produce, both lose $0. If one produces and the other doesn’t, the one who produces makes $100 million and the one who doesn’t produce makes $0. Which of the following is true?
a. both Boeing and Airbus will produce
b. neither Boeing nor Airbus will produce
c. the one who enters first will produce, and the other firm will not produce
d. none of the above are true