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(Table: Firms 1 and 2 IV) Payoffs Represent Profits in Millions

Question 7

Multiple Choice

(Table: Firms 1 and 2 IV) Payoffs represent profits in millions of dollars. (Table: Firms 1 and 2 IV) Payoffs represent profits in millions of dollars. If Firm 2 chooses left, the best strategy for Firm 1 is ____. A) up B) down C) left D) right If Firm 2 chooses left, the best strategy for Firm 1 is ____.


A) up
B) down
C) left
D) right

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