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and just research costs of $10,000 if it is not. Answer parts a through c below. (a) Prepare a payoff matrix. (Type an integer or

image text in transcribed and just research costs of $10,000 if it is not. Answer parts a through c below. (a) Prepare a payoff matrix. (Type an integer or decimal for each matrix element. Do not include the \$ symbol in your answer.) and fill in the answer boxes to complete your choice. (Type integers or decimals.) A. The expected profits are $ if they market the product and $ if they do not. They should market the product because they will lose less if they do. B. The expected profits are $ if they market the product and $ if they do not. They should not market the product because they will earn more if they do not. C. The expected profits are $ if they market the product and $ if they do not. They should not market the product because they will lose less if they do not. D. The expected profits are $ if they market the product and $ if they do not. They should market the product because they will earn more if they do so. (c) Find any dominated strategies. Select all that apply. A. Row 1 dominates row 2. B. Column 1 dominates column 2. C. Row 2 dominates row 1. D. Column 2 dominates column 1. E. There are no dominated strategies. Is there a saddle point? A. There is a saddle point; it is $ (Type an integer or a decimal. Do not include the \$ symbol in your answer.) B. There is no saddle point. and just research costs of $10,000 if it is not. Answer parts a through c below. (a) Prepare a payoff matrix. (Type an integer or decimal for each matrix element. Do not include the \$ symbol in your answer.) and fill in the answer boxes to complete your choice. (Type integers or decimals.) A. The expected profits are $ if they market the product and $ if they do not. They should market the product because they will lose less if they do. B. The expected profits are $ if they market the product and $ if they do not. They should not market the product because they will earn more if they do not. C. The expected profits are $ if they market the product and $ if they do not. They should not market the product because they will lose less if they do not. D. The expected profits are $ if they market the product and $ if they do not. They should market the product because they will earn more if they do so. (c) Find any dominated strategies. Select all that apply. A. Row 1 dominates row 2. B. Column 1 dominates column 2. C. Row 2 dominates row 1. D. Column 2 dominates column 1. E. There are no dominated strategies. Is there a saddle point? A. There is a saddle point; it is $ (Type an integer or a decimal. Do not include the \$ symbol in your answer.) B. There is no saddle point

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