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Refer to the Following Game

Question 4

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Refer to the following game. Refer to the following game.   Which of the following is true? A)  A dominant strategy for firm A is  high price.  B)  There does not exist a dominant strategy for firm A. C)  A dominant strategy for firm B is  low price.  D)  None of the answers is correct. Which of the following is true?


A) A dominant strategy for firm A is "high price."
B) There does not exist a dominant strategy for firm A.
C) A dominant strategy for firm B is "low price."
D) None of the answers is correct.

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