Table 15.2.7 Refer to the Table Below to Answer the Following Questions

question 32

Multiple Choice

Table 15.2.7

Refer to the table below to answer the following questions.
-Refer to Table 15.2.7.Disney and Fox must decide when to release their next films.The revenues received by each studio depends in part on when the other studio releases its film.Each studio can release its film at Thanksgiving or at Christmas.The revenues received by each studio,in millions of dollars,are given in the payoff matrix above.Which of the following statements correctly describes Fox's strategy given what Disney's release choice may be?

• A)If Disney chooses a Thanksgiving release, Fox should choose a Christmas release.
• B)If Disney chooses a Christmas release, Fox should choose a Thanksgiving release.
• C)Fox should release on Christmas regardless of what Disney does.
• D)Fox should release on Thanksgiving regardless of what Disney does.
• E)Both answers A and B are correct.

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Definitions:

Itemized List

A detailed list where individual items or elements are separately presented and often described or quantified.

Diplomatic Way

A strategy or method that involves handling situations in a sensitive, tactful, and effective manner, often to maintain good relationships and avoid conflict.

Payment

The transfer of money or goods in exchange for a product or service.

Charge

In a physical context, it refers to an object having an excess or deficiency of electrons, resulting in a positive or negative electrical state.