The table below shows the payoff matrix in the form of short-run profit for two firms,A and B,for two different strategies,investing in new capital or not investing.
-Refer to the payoff matrix above.Firm A finds that
A) investing is its dominated strategy.
B) not investing is its dominant strategy.
C) it has no dominated strategy.
D) investing is its dominant strategy.
E) it has no dominant strategy.

Question

The table below shows the payoff matrix in the form of short-run profit for two firms,A and B,for two different strategies,investing in new capital or not investing. 
-Refer to the payoff matrix above.Firm A finds that
A) investing is its dominated strategy. 
B) not investing is its dominant strategy. 
C) it has no dominated strategy. 
D) investing is its dominant strategy. 
E) it has no dominant strategy.

Quizplus · Accepted Answer

The Answer of The table below shows the payoff matrix in the form of short-run profit for two firms,A and B,for two different strategies,investing in new capital or not investing. 
-Refer to the payoff matrix above.Firm A finds that
A) investing is its dominated strategy. 
B) not investing is its dominant strategy. 
C) it has no dominated strategy. 
D) investing is its dominant strategy. 
E) it has no dominant strategy.

The Table Below Shows the Payoff Matrix in the Form