Sony and Zenith must each decide which technology to utilize in building their 2019 model high definition television (HDTV) sets: either Alpha technology or Beta technology.Sony has a technological advantage in using Alpha technology and Zenith has a technological advantage in using Beta technology.The payoff table below shows the profit outcomes for both firms in the various possible technology choice outcomes:
Suppose the technology decision will be made sequentially,and Zenith makes a strategic commitment to one of the technologies so that Zenith can make the first move.Zenith will choose ________ and Sony will choose ______.
A) Alpha; Alpha
B) Alpha; Beta
C) Beta; Beta
D) Beta; Alpha
Correct Answer:
Verified
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