The Following Table Lists the Payoffs for Firm 1 and Firm

The following table lists the payoffs for Firm 1 and Firm 2 from three possible pricing strategies:
Table 10-3
$\begin{array}{l}\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Firm } 2\\\begin{array} { | c | c | c | c | } \hline \text { Firm 1 } & \text { High } & \text { Medium } & \text { Low } \\\hline \text { High } & 3,1 & 4,2 & 2,0 \\\hline \text { Medium } & 2,3 & 5,5 & 3,4 \\\hline \text { Low } & 5,4 & 7,5 & 5,2 \\\hline\end{array}\end{array}$
-Refer to Table 10-3. Identify Firm 1's dominant strategy.

A) Its dominant strategy is medium prices.
B) Firm 1 does not have a dominant strategy.
C) Its dominant strategy is high prices.
D) Its dominant strategy could be low or medium prices depending on Firm 2's response.
E) Its dominant strategy is low prices.