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Bagles RUS Is Expanding into a High-Growth Suburban Area

Question 34

Multiple Choice

Bagles RUS is expanding into a high-growth suburban area.To promote business and lure customers from the competing Wer Bagel store,they are considering offering a free dozen bagels to the first 50 customers or radio advertisement.The payoff for Bagels RUS is given in the table below.What is the saddle point,if any,for the bagel stores? Y1 Y2
X1 3 6
X2 2 -2


A) 3
B) 6
C) 2
D) -2
E) There is no saddle point

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