If Best Lights and Bright Lights Are Competing in a Duopoly

Multiple Choice

If Best Lights and Bright Lights are competing in a duopoly and it is always best for Best Lights to charge a price of $4 regardless of the price Bright Lights charges, then charging $4 is ________for Best Lights.

A) a dominant and pure strategy
B) neither a dominant nor pure strategy
C) a dominant, but not pure strategy
D) a pure, but not dominant strategy