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. Which of the following is true?

A) The international strategy is the dominant strategy for both firms.
B) The national strategy is the dominant strategy for both firms.
C) The international strategy is the dominant strategy for firm A, and the national strategy is the dominant strategy for firm B.
D) The national strategy is the dominant strategy for firm A, and the international strategy is the dominant strategy for firm B.