Multiple Choice
The payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing in new capital or not investing in new capital. Firm A's dominant strategy is to ________, and Firm B's dominant strategy is to ________.
A) invest; not invest
B) not invest; invest
C) invest; invest
D) not invest; not invest
Correct Answer:

Verified
Correct Answer:
Verified
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