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Refer to the Information Provided in Table 14 -Refer to Table 14

question 138

True/False

Refer to the information provided in Table 14.2 below to answer the question that follows.
Table 14.2
B's Strategy
 Advertise  Don’t Advertise  A’s profit $100 A’s profit $200 million  million  B’s profit $100 Advertise  million  B’s profit $50 million  A’s Strategy  A’s profit $50 A’s profit $75 Don’t  million  million  B’sprofit $200 B’s profit $75 Advertise  million  million \begin{array} { l l l l } \hline & & { \text { Advertise } } & \text { Don't Advertise } \\\hline & & \text { A's profit } \$ 100 & \text { A's profit } \$ 200 \\& & \text { million } & \text { million } \\& & \text { B's profit } \$ 100 & \\& \text { Advertise } & \text { million } & \text { B's profit } \$ 50 \text { million } \\\text { A's Strategy } & & & \\& & \text { A's profit } \$ 50 & \text { A's profit } \$ 75 \\& \text { Don't } & \text { million } & \text { million } \\& & \text { B'sprofit } \$ 200 & \text { B's profit } \$ 75 \\& \text { Advertise } & \text { million } & \text { million }\end{array}
-Refer to Table 14.2. Firm A's dominant strategy is to not advertise.


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