-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.

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Definitions:

Leadership Traits

Characteristics or attributes shown to be common among successful leaders, such as charisma, decisiveness, and empathy.

Value-added Behaviors

are actions taken by individuals that contribute to the greater success or efficiency of an organization, often going beyond the minimal requirements of their role.

Leader Performance

The effectiveness with which a leader achieves goals, motivates followers, and successfully meets challenges or objectives.

Human Skills

The ability to work effectively with others, engage in interpersonal communication, and manage relationships and emotions.