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Anthony A B C 7 9 8 8 6 Breanna 6 8 8 9 49. Breanna and Anthony operate competing hardware stores in a remote

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Anthony A B C 7 9 8 8 6 Breanna 6 8 8 9 49. Breanna and Anthony operate competing hardware stores in a remote town and have the marketing strategies shown in the matrix above along with the payoffs representing weekly profits in $ thousands. Determine the Nash Equilibrium a. Breanna chooses strategy X and Anthony chooses strategy B b. Breanna chooses strategy Y and Anthony chooses strategy B c. Breanna chooses strategy Z and Anthony chooses strategy A d. Breanna chooses strategy Y and Anthony chooses strategy C 50. The following statement is true about the game pictured in the matrix above a. Breanna has a dominant strategy and Anthony does not. b. Breanna does not have a dominant strategy and Anthony does. c. Both Breanna and Anthony have dominant strategies. d. Neither Breanna or Anthony have a dominant strategy

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