The Following Matrix Represents the Payoffs to Two Producers, Each

Multiple Choice

The following matrix represents the payoffs to two producers, each making a strategic choice either to keep the output at 5 units or at 10 units.


-Refer to Table .The matrix shown in this table is known as the:

A) matrix of choices.
B) matrix of strategies.
C) normal form of the game.
D) advanced form of the game.