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The Table Given Below Shows the Payoffs to Firm a and Firm

question 32

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The table given below shows the payoffs to Firm A and Firm B if they choose to produce either high output or low output.In each cell,the figure on the left indicates Firm A's payoffs and the figure on the right indicates Firm B's payoffs. The table given below shows the payoffs to Firm A and Firm B if they choose to produce either high output or low output.In each cell,the figure on the left indicates Firm A's payoffs and the figure on the right indicates Firm B's payoffs.   -With reference to the payoff matrix in Table 14-1,which firm has a dominant strategy? A) Firm A only B) Firm B only C) Both Firm A and Firm B D) Neither firm has a dominant strategy
-With reference to the payoff matrix in Table 14-1,which firm has a dominant strategy?


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