-Refer to the payoff matrix above. Which of the following is true for Best Lights?
A)Their pure strategy is to set a Low Price.
B)They do not have a pure strategy.
C)Their pure strategy is to set a High Price.
D)They do not have a dominant strategy.

Question

-Refer to the payoff matrix above. Which of the following is true for Best Lights?
A)Their pure strategy is to set a Low Price. 
B)They do not have a pure strategy. 
C)Their pure strategy is to set a High Price. 
D)They do not have a dominant strategy.

Quizplus · Accepted Answer

The Answer of 
-Refer to the payoff matrix above. Which of the following is true for Best Lights?
A)Their pure strategy is to set a Low Price. 
B)They do not have a pure strategy. 
C)Their pure strategy is to set a High Price. 
D)They do not have a dominant strategy.

-Refer to the Payoff Matrix Above