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 is the saddle point,if any,of this game? Y1 (newspaper ads) Y2 (flyers)
X1 (newspaper ads) 52 37
X2 (flyers) 26 18
A) 37
B) 17
C) 16
D) 8
E) There is no saddle point
Correct Answer:
Verified
Correct Answer:
Verified
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