What Is a Dominant Strategy

Multiple Choice

What is a dominant strategy?

A) An equilibrium where each firm chooses the best strategy, given the strategies of other firms.
B) A strategy chosen by two firms that decide to charge the same price or otherwise not to compete.
C) A strategy that is obviously the best for each firm that is a party to a business decision.
D) A strategy that is the best for a firm no matter what strategies other firms use.