The payoff matrix below shows the extra profit firms X and Z will earn from two different strategies,A and B.
-Refer to the payoff matrix above.Firm X concludes that strategy
A) B is its dominated strategy.
B) A is its dominated strategy.
C) B is its dominant strategy.
D) B and strategy A are both dominant.
E) B and strategy A are both dominated.

Question

The payoff matrix below shows the extra profit firms X and Z will earn from two different strategies,A and B. 
-Refer to the payoff matrix above.Firm X concludes that strategy
A) B is its dominated strategy. 
B) A is its dominated strategy. 
C) B is its dominant strategy. 
D) B and strategy A are both dominant. 
E) B and strategy A are both dominated.

Quizplus · Accepted Answer

The Answer of The payoff matrix below shows the extra profit firms X and Z will earn from two different strategies,A and B. 
-Refer to the payoff matrix above.Firm X concludes that strategy
A) B is its dominated strategy. 
B) A is its dominated strategy. 
C) B is its dominant strategy. 
D) B and strategy A are both dominant. 
E) B and strategy A are both dominated.

The Payoff Matrix Below Shows the Extra Profit Firms X