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The Table Below Shows the Payoff (Profit)matrix of Firm a and Firm

question 38

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The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) . Table 11.2 The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) . Table 11.2   According to Table 11.2, if firm A follows its dominant strategy but firm B does not, firm A earns a profit of: A) $50. B) $40. C) $60. D) $45. E) $42. According to Table 11.2, if firm A follows its dominant strategy but firm B does not, firm A earns a profit of:


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