Use the Following Table to Answer the Question : Table

question 52

Multiple Choice

Use the following table to answer the question : Table 15-1: payoff matrix shows the profits accruing to two firms,Company C and Company D,under different pricing strategies.In each cell,the figure on the left indicates Company C's payoff and the figure on the right indicates Company D's payoff.

-Refer to Table 15-1.If X = 135 and Y = 75,the method of iterated dominance can be used to conclude that company C's strategy of choosing a _____ price is dominated by a strategy of a _____ price.

• A)high;low
• B)medium;low
• C)low;medium
• D)high;medium

---

Definitions:

Ethological Perspective

A viewpoint in psychology that emphasizes the biological and evolutionary basis for behavior, focusing on how behavior adapts and evolves in natural contexts.

Cognitive Equilibrium

A state of mental balance in which a person's existing knowledge, beliefs, and skills are consistent with their experiences and information from the environment.

Schemas

Mental frameworks that help individuals organize and interpret information, influencing cognition and perception.

Vocabulary Spurt

A rapid increase in the number of words a child learns and begins to use, typically occurring in early childhood development.