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.Strategy B is
A) dominated for firm Z.
B) dominant for firm X.
C) dominated for both firms.
D) dominant for both firms.
E) dominant for firm Z.

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.Strategy B is
A) dominated for firm Z. 
B) dominant for firm X. 
C) dominated for both firms. 
D) dominant for both firms. 
E) dominant for firm Z.

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.Strategy B is
A) dominated for firm Z. 
B) dominant for firm X. 
C) dominated for both firms. 
D) dominant for both firms. 
E) dominant for firm Z.

The Payoff Matrix Below Shows the Extra Profit Firms X