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Consider the Accompanying Payoff Matrix

Question 117

Multiple Choice

Consider the accompanying payoff matrix. Consider the accompanying payoff matrix. The dominant strategy for Row Resorts is to ________ , and the dominant strategy for Column Cruises is to ________ . A) keep rates high; keep rates high B) offer reduced rates; offer reduced rates C) keep rates high; offer reduced rates D) offer reduced rates; keep rates high The dominant strategy for Row Resorts is to ________ , and the dominant strategy for Column Cruises is to ________ .


A) keep rates high; keep rates high
B) offer reduced rates; offer reduced rates
C) keep rates high; offer reduced rates
D) offer reduced rates; keep rates high

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