Use the Following Table to Answer the Question : Table

question 87

Multiple Choice

Use the following table to answer the question : Table 14-2 : represents the payoff matrix of firms A and B,when they choose to produce low or high output.In each cell,the figure on the left indicates Firm B's payoffs and the figure on the right indicates Firm A's payoffs.

-Given the information in Table 14-2,which firm has a dominant strategy?

• A)Firm A
• B)Firm B
• C)Both Firm A and Firm B
• D)Neither Firm A nor Firm B

---

Definitions:

Active Interpretation

The process by which individuals actively engage in understanding and making sense of information or stimuli, based on personal and societal contexts.

Gender Role

The societal norms dictating the expected behaviors, attitudes, and activities appropriate for individuals based on their gender.

Conceptually

Pertaining to or based on concepts or ideas.