Table 16-14

-Refer to Table 16-14.This table shows a game played between two firms,A and B.In this game each firm must decide how much output to produce.The profit for each firm is given in the table as (Profit for A,Profit for B).In this game
A)neither player has a dominant strategy.
B)both players have a dominant strategy.
C)A has a dominant strategy, but B does not have a dominant strategy.
D)B has a dominant strategy, but A does not have a dominant strategy.

Question

Table 16-14
 
-Refer to Table 16-14.This table shows a game played between two firms,A and B.In this game each firm must decide how much output to produce.The profit for each firm is given in the table as (Profit for A,Profit for B).In this game
A)neither player has a dominant strategy. 
B)both players have a dominant strategy. 
C)A has a dominant strategy, but B does not have a dominant strategy. 
D)B has a dominant strategy, but A does not have a dominant strategy.

Quizplus · Accepted Answer

A has a dominant strategy of producing 2 units of output, regardless of what B produces. B does not have a dominant strategy, as its best choice depends on what A produces.

Table 16-14 -Refer to Table 16-14.This Table Shows a Game Played Between