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(Table) the Game Theory Table for Barbara and Helen (With

Question 254

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(Table) The game theory table for Barbara and Helen (with Barbara's profits in regular text and Helen's profits in italics) indicates that
 Barbara’s Barbershop  Low Price  High Price   Low Price $2,000$2,500$3,500$1,000 High Price $600$3,900$2,500$2,700\begin{array}{c}\text { Barbara's Barbershop }\\\begin{array}{|l|l|ll|ll|}\hline && {\text { Low Price }} && {\text { High Price }} \\\hline \text { } &\text { Low Price } & \$ 2,000 & \$ 2,500 & \$ 3,500 & \$ 1,000 \\\hline& \text { High Price } & \$ 600 & \$ 3,900 & \$ 2,500 & \$ 2,700\\\hline \end{array}\end{array}


A) Barbara has a dominant strategy to earn profits, but Helen does not.
B) Helen has a dominant strategy to earn profits, but Barbara does not.
C) both Barbara and Helen have dominant strategies to earn profits.
D) neither Barbara nor Helen has dominant strategies to earn profits.

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