Answer the Question Based on the Payoff Matrix for a Duopoly

Multiple Choice

Answer the question based on the payoff matrix for a duopoly, in which the numbers indicate the profit from following either an international strategy or a national strategy. If firm A chooses an international strategy and firm B chooses a national strategy, then the payoffs will be

A) $3M for firm A and $3M for firm B.
B) $17M for firm A and $17M for firm B.
C) $15M for firm A and $5M for firm B.
D) $5M for firm A and $15M for firm B.