Does Beta have a dominant strategy and if so, what is it?

A) There are two dominant strategies: if Alpha offers a student discount then Beta's best bet is to not offer a student discount, but if Alpha does not offer a student discount then Beta should offer a student discount.

B) Yes, Beta should not offer a student discount.

C) No, there is no dominant strategy.

D) Yes, Beta should offer a student discount.

Alpha and Beta are the only firms selling gyros in the upscale town of Delphi. Each firm must decide on whether to offer a discount to students to compete for customers. If one firm offers a discount but the other does not, then the firm that offers the discount will increase its profit. Table 14-4 shows the payoff matrix for this game. Refer to Table 14-4. Does Beta have a dominant strategy and if so, what is it? There are two dominant strategies: if Alpha offers a student discount then Beta's best bet is to not offer a student discount, but if Alpha does not offer a student discount then Beta should offer a student discount. Yes, Beta should not offer a student discount. No, there is no dominant strategy. Yes, Beta should offer a student discount. Alpha and Beta are the only firms selling gyros in the upscale town of Delphi. Each firm must decide on whether to offer a discount to students to compete for customers. If one firm offers a discount but the other does not, then the firm that offers the discount will increase its profit. Table 14-4 shows the payoff matrix for this game. Refer to Table 14-4. Does Beta have a dominant strategy and if so, what is it? There are two dominant strategies: if Alpha offers a student discount then Beta's best bet is to not offer a student discount, but if Alpha does not offer a student discount then Beta should offer a student discount. Yes, Beta should not offer a student discount. No, there is no dominant strategy. Yes, Beta should offer a student discount