Multiple Choice
(Table) Based on the game theory table for Barbara and Helen (with Barbara's profits in regular text and Helen's profits in italics) , a clear dominant strategy is that
A) Helen's best move is to charge a low price regardless of what Barbara does.
B) Helen's best move is to charge a high price regardless of what Barbara does.
C) both Helen and Barbara have a dominant strategy to charge a high price.
D) Barbara's best move is to charge a high price when Helen charges a low price.
Correct Answer:

Verified
Correct Answer:
Verified
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