-Refer to the payoff matrix above. Which of the following is true for Campers R Us?
A)They have three dominated strategies.
B)They have one dominated strategy.
C)They have two dominated strategies.
D)They have zero dominated strategies.

Question

-Refer to the payoff matrix above. Which of the following is true for Campers R Us?
A)They have three dominated strategies. 
B)They have one dominated strategy. 
C)They have two dominated strategies. 
D)They have zero dominated strategies.

Quizplus · Accepted Answer

Without the specific payoff matrix provided, the general approach to determine the number of dominated strategies involves comparing the payoffs across strategies for a player. A strategy is dominated if there exists another strategy that yields a higher payoff against all possible moves of the opponent. Since the matrix is not visible, the correct answer is based on the assumption that Campers R Us has one strategy that yields lower payoffs compared to another strategy across all possible moves of the opponent, thus making it a dominated strategy.

-Refer to the Payoff Matrix Above