Table 1 -Refer to Table 1. Boitumelo and Yusuf Own the Only

Multiple Choice

Table 1

-Refer to Table 1. Boitumelo and Yusuf own the only two bicycle repair shops in town. Each must choose between a low price for repair work and a high price. The yearly economic profits from each strategy are indicated in the table. The figures on the right side of each rectangle indicate Boitumelo's profits; the figures on the left side indicate Yusuf's profits. Which of the following statements is correct?

A) Yusuf's dominant strategy is to charge a low price.
B) Boitumelo's dominant strategy is to charge a high price.
C) The dominant strategy for both Boitumelo and Yusuf is to charge a low price.
D) Yusuf's dominant strategy is to charge a high price.