In the context of Nash Equilibrium, which of the following statements accurately describe the strategic interactions between Gary's Gym and eFitness? Select all that apply.

Nash Equilibrium is a situation in a game where each player makes the best decision they can, considering the choices of the other players. In the case of Gary's Gym and eFitness, if both gyms choose their membership prices based on what they think the other will charge, they may reach a point where neither gym wants to change its price because doing so would not benefit them. For example, if Gary's Gym sets a low price and eFitness matches it, both may find that changing their prices would lead to losing customers or profits. Therefore, the strategic interaction is about anticipating each other's moves and settling on a price that neither wants to change, which is the essence of Nash Equilibrium. This concept helps explain how businesses can reach stable outcomes in competitive environments.