Answer the Question Based on the Payoff Matrix for a Duopoly

question 334

Multiple Choice

Answer the question based on the payoff matrix for a duopoly, in which the numbers indicate the profit from following either an international strategy or a national strategy. If firm A chooses an international strategy and firm B chooses a national strategy, then the payoffs will be

• A)$3M for firm A and $3M for firm B.
• B)$17M for firm A and $17M for firm B.
• C)$15M for firm A and $5M for firm B.
• D)$5M for firm A and $15M for firm B.

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