-Refer to the payoff matrix above. Which of the following is true for Bright Lights?
A)They do not have a dominant strategy.
B)Their dominant strategy is to set a Low Price.
C)Their dominant strategy is to set a High Price.
D)They do not have a pure strategy.

Question

-Refer to the payoff matrix above. Which of the following is true for Bright Lights?
A)They do not have a dominant strategy. 
B)Their dominant strategy is to set a Low Price. 
C)Their dominant strategy is to set a High Price. 
D)They do not have a pure strategy.

Quizplus · Accepted Answer

The Answer of 
-Refer to the payoff matrix above. Which of the following is true for Bright Lights?
A)They do not have a dominant strategy. 
B)Their dominant strategy is to set a Low Price. 
C)Their dominant strategy is to set a High Price. 
D)They do not have a pure strategy.

-Refer to the Payoff Matrix Above