Assume the table below represents two contestants on a game show who are allowed to push a blue button or a red button in the final round to determine the prize money they will each receive.What will be the result if both players follow their dominant strategies? Drake
A) Drake wins $100,000 and Peter wins $75,000.
B) Drake wins $200,000 and Peter wins $10,000.
C) Drake wins $10,000 and Peter wins $150,000.
D) Drake wins $15,000 and Peter wins $12,000.
E) There is no dominant strategy for this game.
Correct Answer:
Verified
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