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ave and Andy are competitors in a local market. Each is trying to decide if it is better to advertise on TV, on radio, '

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ave and Andy are competitors in a local market. Each is trying to decide if it is better to advertise on TV, on radio, ' not at all. If they both advertise on TV, each will earn a profit of $4000. If they both advertise on radio, each will am a profit of $7000. If neither advertises at all, each will earn a profit of $10 000. If one advertises on TV and ther advertises on radio, then the one advertising on TV will earn $6000 and the other will earn $5000. If one :lvertises on TV and the other does not advertise, then the one advertising on TV will earn $11 000 and the other ill earn $2000. If one advertises on radio and the other does not advertise, then the one advertising on radio will am $12 000 and the other will earn $4000. If both follow their dominant strategy, what will Dave do and what will 3 earn? elect one: D a. advertise on radio and earn $7000 cross out 3 b. advertise on TV and earn $11 000 cross out I) c. advertise on TV and earn $4000 cross out I) d. not advertise and earn $10 000 cross out

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