A dominant strategy is one where the one firm picks:
A) a strategy only after seeing the other firm's decision.
B) a strategy that must be repeated.
C) a strategy no matter what the rival does.
D) the same the strategy as the rival.

Question

Quizplus · Accepted Answer

A dominant strategy is one where a firm chooses a strategy no matter what the rival firm does. Hence, the choice of the firm's strategy is not dependent on the rival's decision.

A Dominant Strategy Is One Where the One Firm Picks