Question


Refer to the above payoff matrix for the profits (in $ millions) of two firms (X and Y) and two product formats (A and B) in an industry. The game with the dominant strategy is also called:

A) Battle of the Sexes.

B) the prisonersʹ dilemma.

C) Tit-for-Tat.

D) Tweedle Dee-Tweedle Dum.

Answer

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