Scenario: the Matrix Below Shows the Payoffs to Two Firms

Multiple Choice

Scenario: The matrix below shows the payoffs to two firms when they choose between two different strategies. 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.What is the sum of the payoffs to the firms if both firms use strategy A?

A) 1
B) −2
C) 2
D) 0