This Payoff Matrix Gives Potential Dollar Gain Values in Millions

question 98

Multiple Choice

This payoff matrix gives potential dollar gain values in millions for strategies S1, S2, S3, and S4 for the Bent Fork National Bank and competitive strategies CA1, CA2, and CA3 for the Straight Spoon Bank.If Bent Fork is pessimistic, which strategy will it choose? CA1 CA2 CA3
S1 3 24 17
S2 15 16 14
S3 8 19 10
S4 20 2 11

• A)S1
• B)S2
• C)S3
• D)S4

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