Use the following table to answer the question : Table 15-1: payoff matrix shows the profits accruing to two firms,Company C and Company D,under different pricing strategies.In each cell,the figure on the left indicates Company C's payoff and the figure on the right indicates Company D's payoff.

-Refer to Table 15-1.If X = 145 and Y = 75,company D's strategy of choosing a _____ price is
Dominated by a strategy of _____ price.
A)high;low
B)medium;high
C)low;medium
D)high;medium

Question

Use the following table to answer the question : Table 15-1: payoff matrix shows the profits accruing to two firms,Company C and Company D,under different pricing strategies.In each cell,the figure on the left indicates Company C's payoff and the figure on the right indicates Company D's payoff.

-Refer to Table 15-1.If X = 145 and Y = 75,company D's strategy of choosing a _____ price is
Dominated by a strategy of _____ price.

-Refer to Table 15-1.If X = 145 and Y = 75,company D's strategy of choosing a _____ price is
Dominated by a strategy of _____ price.
A)high;low 
B)medium;high 
C)low;medium 
D)high;medium

Quizplus · Accepted Answer

The Answer of Use the following table to answer the question : Table 15-1: payoff matrix shows the profits accruing to two firms,Company C and Company D,under different pricing strategies.In each cell,the figure on the left indicates Company C's payoff and the figure on the right indicates Company D's payoff.

-Refer to Table 15-1.If X = 145 and Y = 75,company D's strategy of choosing a _____ price is
Dominated by a strategy of _____ price.
A)high;low 
B)medium;high 
C)low;medium 
D)high;medium

Use the Following Table to Answer the Question : Table