Table 15.2.7 -Refer to Table 15.2.7. Disney and Fox Must Decide When

Table 15.2.7

-Refer to Table 15.2.7. Disney and Fox must decide when to release their next films. The revenues received by each studio depend in part on when the other studio releases its film. Each studio can release its film at Thanksgiving or at Christmas. The revenues received by each studio, in millions of dollars, are given in the payoff matrix above. Which of the following statements correctly describes Fox's strategy given what Disney's release choice may be?

A) If Disney chooses a Thanksgiving release, Fox should choose a Christmas release.
B) If Disney chooses a Christmas release, Fox should choose a Thanksgiving release.
C) Fox should release on Christmas regardless of what Disney does.
D) Fox should release on Thanksgiving regardless of what Disney does.
E) Both answers A and B are correct.