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Displayed Below Is the Payoff Matrix of Firm B for Four

Question 56

Multiple Choice

Displayed below is the payoff matrix of firm B for four different strategies, B1, B2, B3, and B4, and the potential retaliatory responses of firm A (A1, A2, A3, A4) .?
Displayed below is the payoff matrix of firm B for four different strategies, B1, B2, B3, and B4, and the potential retaliatory responses of firm A (A1, A2, A3, A4) .? If firm B uses the maximin criterion, which strategy will it choose? A) B1  B) B2  C) B3  D) B4 If firm B uses the maximin criterion, which strategy will it choose?


A) B1 
B) B2 
C) B3 
D) B4

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