(Table) Referring to the Payoff Matrix for Norm and Pete

Multiple Choice

(Table) Referring to the payoff matrix for Norm and Pete (with Norm's profit in plain text and Pete's profit in italics) , which statement BEST describes the scenario displayed in the table?
$\begin{array}{c} \quad \quad \quad \quad \quad \quad \quad \text { Pete's Pasta Dinners } \\\begin{array}{|l|l|ll|ll|}\hline & & {\text { High Price }} & &{\text { Price }} \\\hline \text {Norm's Noodle Bowls } & \text { High Price } & \$ 4,000 & \$ 4,500 & \$ 700 & \$ 3,500 \\\hline &\text { Low Price } & \$ 2,800 & \$ 500 & \$ 3,000 & \$ 3,700 \\\hline\end{array}\end{array}$

A) Neither Norm nor Pete has a dominant strategy.
B) Pete's dominant strategy is a high price.
C) Norm's dominant strategy is a low price.
D) The most likely outcome is that both charge a high price.