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

question 27

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:

Employee Involvement

The degree to which employees are encouraged to share their ideas and contribute to decision-making processes in an organization.

Henri Fayol

A French engineer and scholar who developed a general theory of business administration and is known for his 14 principles of management.

Computer Company

A business entity that specializes in the development, manufacturing, and sale of computers, computer components, and software.

Retired Army General

A former high-ranking military officer who has concluded their service and often brings leadership, strategic planning, and disciplined operational perspectives to civilian roles.