The table given below represents the payoff matrix of firms A and B,when they choose to produce low or high output.In each cell,the figure on the left indicates Firm B's payoffs and the figure on the right indicates Firm A's payoffs.
-Given the information in Table 14-2,which firm has a dominant strategy?
A)Firm A
B)Firm B
C)Both Firm A and Firm B
D)Neither Firm A nor Firm B

Question

The table given below represents the payoff matrix of firms A and B,when they choose to produce low or high output.In each cell,the figure on the left indicates Firm B's payoffs and the figure on the right indicates Firm A's payoffs. 
-Given the information in Table 14-2,which firm has a dominant strategy?
A)Firm A 
B)Firm B 
C)Both Firm A and Firm B 
D)Neither Firm A nor Firm B

Quizplus · Accepted Answer

The Answer of The table given below represents the payoff matrix of firms A and B,when they choose to produce low or high output.In each cell,the figure on the left indicates Firm B's payoffs and the figure on the right indicates Firm A's payoffs. 
-Given the information in Table 14-2,which firm has a dominant strategy?
A)Firm A 
B)Firm B 
C)Both Firm A and Firm B 
D)Neither Firm A nor Firm B

The Table Given Below Represents the Payoff Matrix of Firms