Which of the following is true?
A. A dominant strategy for Firm A is "high price".
B. There does not exist a dominant strategy for Firm A.
C. A dominant strategy for Firm B is "low price".
D. none of the above
Answer:D
Which of the following is true?
A. A dominant strategy for Firm A is "high price". B. There does not exist a dominant strategy for Firm A. C. A dominant strategy for Firm B is "low price". D. none of the above