Table 11-9 Alpha and Beta Are the Only Firms Selling

Multiple Choice

Table 11-9
Alpha and Beta are the only firms selling gyros in the upscale town of Delphi. Each firm must decide on whether to offer a discount to students to compete for customers. If one firm offers a discount but the other does not, then the firm that offers the discount will increase its profit. Table 11-9 shows the payoff matrix for this game.
-Refer to Table 11-9.Does Beta have a dominant strategy and if so,what is it?

A) Yes, Beta should offer a student discount.
B) Yes, Beta should not offer a student discount.
C) There are two dominant strategies: if Alpha offers a student discount then Beta's best bet is to not offer a student discount, but if Alpha does not offer a student discount then Beta should offer a student discount.
D) No, there is no dominant strategy.