Scenario 13.10
Consider the game below:
-What is true about dominant strategies in the game in Scenario 13.10?
A) "Use more caffeine" and "have a sweepstakes" are dominant strategies.
B) "Use more caffeine" and "create a diet soda" are dominant strategies.
C) "Make animal-shaped bottles" and "have a sweepstakes" are dominant strategies.
D) "Make animal-shaped bottles" and "create a diet soda" are dominant strategies.
E) There are no dominant strategies.

Question

Scenario 13.10
Consider the game below: 
-What is true about dominant strategies in the game in Scenario 13.10?
A) "Use more caffeine" and "have a sweepstakes" are dominant strategies. 
B) "Use more caffeine" and "create a diet soda" are dominant strategies. 
C) "Make animal-shaped bottles" and "have a sweepstakes" are dominant strategies. 
D) "Make animal-shaped bottles" and "create a diet soda" are dominant strategies. 
E) There are no dominant strategies.

Quizplus · Accepted Answer

There are no dominant strategies in this game. Each player's best response depends on the other player's choice. Therefore, the players must consider their opponent's possible actions before making their own choices.

Scenario 13.10 Consider the Game Below