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CleanClothes Dry Cleaners Is Opening a Pick-Up and Delivery Service

Question 57

Multiple Choice

CleanClothes dry cleaners is opening a pick-up and delivery service.There is only one other dry cleaner that currently offers this service.To advertise, CleanClothes is considering either newspaper ads or attaching flyers to the doors of many local homes.The payoff for each of CleanClothes' potential strategies is given in the table below.What strategy will the existing dry cleaners (Y) play? CleanClothes dry cleaners is opening a pick-up and delivery service.There is only one other dry cleaner that currently offers this service.To advertise, CleanClothes is considering either newspaper ads or attaching flyers to the doors of many local homes.The payoff for each of CleanClothes' potential strategies is given in the table below.What strategy will the existing dry cleaners (Y) play? A) X<sub>1</sub> B) X<sub>2</sub> C) Y<sub>1</sub> D) Y<sub>2</sub>


A) X1
B) X2
C) Y1
D) Y2

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