The Following Table Shows the Payoff Matrix of the Two

question 106

Multiple Choice

The following table shows the payoff matrix of the two firms (Firm X and Firm Y) in dollars when they advertise and when they do not advertise. Table 11.1
- Refer to Table 11.1.If firm Y follows its dominant strategy and firm X does not then:

• A)firm X earns $150 and firm Y earns $200.
• B)firm X earns $50 and firm Y earns $200.
• C)firm X earns $150 and firm Y earns $180.
• D)firm X earns $50 and firm Y earns $100.
• E)firm X earns $150 and firm Y earns $100.

---

Definitions:

All-or-none Principle

A principle that states that neurons fire at their maximum intensity or not at all, depending on whether the stimulus reaches a certain threshold.

Gamma-aminobutyric Acid

An inhibitory neurotransmitter in the central nervous system that plays a key role in regulating neuronal excitability.

Anxious

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Genotype

One’s genetic makeup, based on the sequencing of the nucleotides we term A, C, G, and T.