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Reference: Ref 15-6 (Table: Ozzie, Manny's Payoff Table) Refer to the Table

Question 77

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  Reference: Ref 15-6 (Table: Ozzie, Manny's Payoff Table)  Refer to the table. Which of the following statements is true? A)  Manny and Ozzie do not have dominant strategies. B)  Manny's dominant strategy is low price, and Ozzie's dominant strategy is high price. C)  Manny's dominant strategy is high price, and Ozzie's dominant strategy is high price. D)  Manny's dominant strategy is low price, and Ozzie's dominant strategy is low price. Reference: Ref 15-6 (Table: Ozzie, Manny's Payoff Table) Refer to the table. Which of the following statements is true?


A) Manny and Ozzie do not have dominant strategies.
B) Manny's dominant strategy is low price, and Ozzie's dominant strategy is high price.
C) Manny's dominant strategy is high price, and Ozzie's dominant strategy is high price.
D) Manny's dominant strategy is low price, and Ozzie's dominant strategy is low price.

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