The following payoff matrix shows the profits accruing to two firms,Company C and Company D,under different pricing strategies.In each cell,the figure on the left indicates Company C's payoff and the figure on the right indicates Company D's payoff.
Table 15-1
-Refer to Table 15-1.If X = 145 and Y = 75,company D's strategy of choosing a _____ price is dominated by a strategy of _____ price.
A)high;low
B)medium;high
C)medium;low
D)high;medium

Question

The following payoff matrix shows the profits accruing to two firms,Company C and Company D,under different pricing strategies.In each cell,the figure on the left indicates Company C's payoff and the figure on the right indicates Company D's payoff.
Table 15-1 
-Refer to Table 15-1.If X = 145 and Y = 75,company D's strategy of choosing a _____ price is dominated by a strategy of _____ price.
A)high;low 
B)medium;high 
C)medium;low 
D)high;medium

Quizplus · Accepted Answer

The Answer of The following payoff matrix shows the profits accruing to two firms,Company C and Company D,under different pricing strategies.In each cell,the figure on the left indicates Company C's payoff and the figure on the right indicates Company D's payoff.
Table 15-1 
-Refer to Table 15-1.If X = 145 and Y = 75,company D's strategy of choosing a _____ price is dominated by a strategy of _____ price.
A)high;low 
B)medium;high 
C)medium;low 
D)high;medium

The Following Payoff Matrix Shows the Profits Accruing to Two