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

question 38

Multiple Choice

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.