Table 14-7 the Payoff Matrix Shown Above Assumes That Perfect Plants and Assumes

Multiple Choice

Table 14-7

The payoff matrix shown above assumes that Perfect Plants and Floribunda Florist must decide whether to offer same-day delivery for their products. The matrix shows how much profit each firm will earn if it does or does not offer same-day delivery. The amount of profit for one firm depends on whether the other firm offers same-day delivery.
-Refer to Table 14-7.Which of the following statements is true?

A) Neither Perfect nor Floribunda have a dominant strategy.
B) Perfect's dominant strategy is to offer same-day delivery; Floribunda's dominant strategy is to not offer same-day delivery.
C) Floribunda's dominant strategy is to offer same-day delivery; Perfect's dominant strategy is to not offer same-day delivery.
D) The dominant strategy for both firms is to offer same-day delivery.