Table 14-5 Martin and Lewis Each Run One of the Two Bingo

Multiple Choice

Table 14-5

Martin and Lewis each run one of the two bingo parlors in Schenectady. Both consider offering free rides to and from the parlors. Table 14-5 shows the payoff matrix containing the expected weekly profits for each bingo parlor.
-Refer to Table 14-5.Does Martin have a dominant strategy? If yes, what is it?

A) Yes, Martin's dominant strategy is to offer free rides.
B) No, Martin does not a dominant strategy-his best outcome depends on what Lewis does.
C) Yes, Martin's dominant strategy is to not to offer free rides.
D) Yes, Martin's dominant strategy is to wait to see what Lewis does first.