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 7-1.Which of the following output combinations represents the dominant strategy of the two players?

A) Each player produces 5 units of output.
B) Player A produces 5 units and Player B produces 10 units.
C) Player A produces 10 units and Player B produces 5 units.
D) Each player produces 10 units of output.