(Scenario: Payoff Matrix for Steve's Skateboards and Savannah's Highflyers) Payoff

Multiple Choice

(Scenario: Payoff Matrix for Steve's Skateboards and Savannah's Highflyers) Payoff Matrix for Firms X and Y. If Steve and Savannah wish to maximize their joint profits:
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A) each firm should choose its best response.
B) Savannah should choose a best response, and Steve should not.
C) each should consider its specific situation before choosing a strategy, since strategies also entail costs.
D) each should choose a strategy other than the best response.