-Refer to Figure 1.4 in which the payoffs are in millions of dollars. Suppose that Tsunami Corporation and Cyclone Company contemplating a change in their advertising strategies. Which player has a strictly dominant strategy?
A) Tsunami
B) Cyclone
C) Both Tsunami and Cyclone
D) Neither Tsunami nor Cyclone

Question

-Refer to Figure 1.4 in which the payoffs are in millions of dollars. Suppose that Tsunami Corporation and Cyclone Company contemplating a change in their advertising strategies. Which player has a strictly dominant strategy?
A) Tsunami 
B) Cyclone 
C) Both Tsunami and Cyclone 
D) Neither Tsunami nor Cyclone

Quizplus · Accepted Answer

Both Tsunami and Cyclone have a strictly dominant strategy of advertising heavily.