-The above figure shows the payoff matrix for two firms,A and B,selecting an advertising budget.The firms must choose between a high advertising budget and a low advertising budget.Firm A's dominant strategy
A)does not exist.
B)is to do the opposite of firm B.
C)is to select a high advertising budget.
D)is to select a low advertising budget.

Question

-The above figure shows the payoff matrix for two firms,A and B,selecting an advertising budget.The firms must choose between a high advertising budget and a low advertising budget.Firm A's dominant strategy
A)does not exist. 
B)is to do the opposite of firm B. 
C)is to select a high advertising budget. 
D)is to select a low advertising budget.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the payoff matrix for two firms,A and B,selecting an advertising budget.The firms must choose between a high advertising budget and a low advertising budget.Firm A's dominant strategy
A)does not exist. 
B)is to do the opposite of firm B. 
C)is to select a high advertising budget. 
D)is to select a low advertising budget.

-The Above Figure Shows the Payoff Matrix for Two Firms,A