Table 15.2.8 -Refer to Table 15.2.8. Libertyville Has Two Optometrists, Dr. Smith

Multiple Choice

Table 15.2.8

-Refer to Table 15.2.8. Libertyville has two optometrists, Dr. Smith and Dr. Jones. Each optometrist can choose to advertise his service or not. The incomes of each optometrist, in thousands of dollars, are given in the payoff matrix above. Which of the following statements correctly describes Dr. Jones' strategy given what Dr. Smith may do?

A) Dr. Jones advertises no matter what Dr. Smith does.
B) Dr. Jones does not advertise no matter what Dr. Smith does.
C) Dr. Jones advertises only if Dr. Smith doesn't advertise.
D) Dr. Jones advertises only if Dr. Smith advertises.
E) Dr. Jones does not advertise if Dr. Smith advertises.