Scenario 13.5
Consider the following game:
-Which of the following is true regarding the game in Scenario 13.5?
A) Only Bull Meat has a dominant strategy.
B) Only Deer Meat has a dominant strategy.
C) Both companies have a dominant strategy: expand West.
D) Both companies have a dominant strategy: expand South.
E) Neither company has a dominant strategy.

Question

Scenario 13.5
Consider the following game: 
-Which of the following is true regarding the game in Scenario 13.5?
A) Only Bull Meat has a dominant strategy. 
B) Only Deer Meat has a dominant strategy. 
C) Both companies have a dominant strategy: expand West. 
D) Both companies have a dominant strategy: expand South. 
E) Neither company has a dominant strategy.

Quizplus · Accepted Answer

From the given information, it is not possible to determine any dominant strategy for either Bull Meat or Deer Meat. Therefore, neither company has a dominant strategy, and the answer is E.

Scenario 13.5 Consider the Following Game