Scenario 13.6 Consider the Following Game. Payoffs Are in Millions of Dollars

Multiple Choice

Scenario 13.6
Consider the following game. Payoffs are in millions of dollars.
-Refer to the game in Scenario 13.6. What will occur if ERS Co. plays a maximin strategy?

A) -$100, -$1
B) $2, -$0.5
C) $1, -$1
D) -$0.5, -$0.5
E) There is a 0.25 chance of each outcome in that case.