The Table Below Shows the Payoff (Profit) Matrix of Firm

Multiple Choice

The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2

-The market structure in which the largest quantity of output is sold at the minimum possible price is:

A) monopoly.
B) perfect competition.
C) oligopoly.
D) monopolistic competition.
E) monopsony.