-Consider the Pricing Game Depicted in Figure 1

Multiple Choice

-Consider the pricing game depicted in Figure 1.5 in which payoffs are in thousands of dollars. If larger payoffs are preferred, this is an example of a:
I. Game in which both players have a strictly dominant strategy.
II. Prisoner's dilemma.
III. Two-player, noncooperative, static game.
Which of the following is correct?

A) I only.
B) II only.
C) III only.
D) II and III only.
E) I, II, and III.