Multiple Choice
Scenario: The payoff matrix given below shows the payoffs to two rival firms in millions of U.S. dollars for each strategy they choose. The first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player.
-Refer to the scenario above.In the dominant strategy equilibrium,the payoff to Firm A is ________.
A) $1.2 million
B) $3.0 million
C) $3.5 million
D) $2.5 million
Correct Answer:

Verified
Correct Answer:
Verified
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