The Following Table Shows the Payoff Matrix of the Two

Multiple Choice

The following table shows the payoff matrix of the two firms (Firm X and Firm Y) , in dollars, when they advertise and when they do not advertise.Table 12.1

-According to Table 12.1, if both the firms follow their dominant strategies,:

A) firm X earns $100 and firm Y earns $150.
B) firm X earns $50 and firm Y earns $200.
C) firm X earns $180 and firm Y earns $150.
D) firm X earns $180 and firm Y earns $100.
E) firm X earns $150 and firm Y earns $180.