Consider the strategic pricing game between two firms, where the daily profits are shown in the payoff matrix below. The first number in each cell is Firm A's profit, and the second is Firm B's profit.
| Firm B: High Price | Firm B: Low Price | |
|---|---|---|
| Firm A: High Price | (€780, €780) | (€234, €540) |
| Firm A: Low Price | (€540, €234) | (€300, €300) |
Statement: If both firms are currently charging a high price, Firm A has a profitable incentive to unilaterally switch to a low price.
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