Multiple Choice


-Refer to Table 10 -1. Does Baine have a dominant strategy and if so, what is it?
A) No, there is no dominant strategy.
B) Yes, Baine should increase its advertising budget.
C) There are two dominant strategies: if Alistair increases its advertising budget, then Baine's best bet is to keep its budget the same but if Alistair does not increase its spending then Baine should raise its advertising budget.
D) Yes, Baine should keep its advertising budget as is.
Correct Answer:
Verified
Related Questions