Use the Table Below to Answer the Following Questions

question 2

Multiple Choice

Use the table below to answer the following questions.
Table 15.2.5

-Refer to Table 15.2.5. Two software firms have developed an identical new software application. They are debating whether to give the new application away free and then sell add-ons or sell the application at $30 a copy. The payoff matrix is above and the payoffs are profits in millions of dollars. What is Firm 1's best strategy?

• A)Give away the application regardless of what Firm 2 does.
• B)Sell the application at $30 a copy regardless of what Firm 2 does.
• C)Give away the application only if Firm 2 sells the application.
• D)Give away the application only if Firm 2 gives away the application.
• E)Sell the application only if Firm 2 sells the application.