-The Above Figure Shows the Payoff to Two Airlines,A and B,of

question 107

Multiple Choice

-The above figure shows the payoff to two airlines,A and B,of serving a particular route.If the two airlines must decide simultaneously,which one of the following statements is TRUE?

• A) Firm A has a dominant strategy.
• B) Firm B has a dominant strategy.
• C) Neither firm entering is a Nash equilibrium.
• D) The outcome of the game is unpredictable.

---

Definitions:

Coronary Artery Disease

A heart condition characterized by the narrowing of the coronary arteries, leading to a reduced blood supply to the heart muscle.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, such as coronary artery disease, hypertension, and stroke, often related to a buildup of fatty deposits in the arteries.

Stroke

A medical condition that occurs when the blood supply to part of the brain is interrupted or reduced, preventing brain tissue from getting oxygen and nutrients.

Arteriosclerosis

A condition characterised by the thickening, hardening, and loss of elasticity of the walls of arteries, leading to restricted blood flow.