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Dunder Mifflin and Office Depot are the only two paper vendors in the community of Scranton, Pennsylvania. Each company is deciding whether to set a
Dunder Mifflin and Office Depot are the only two paper vendors in the community of Scranton, Pennsylvania. Each company is deciding whether to set a high price for paper reams or set a low price. The payoff matrix of economic profits below displays the possible outcomes for both companies. All numbers are in millions of dollars. Game Theory Matrix: Office Depot & Dunder Mifflin Office Depot: Low Price Office Depot: High Price Dunder Mifflin: Low Price $5 $12 $11 $15 Dunder Mifflin: High Price $2 $9 $4 $10 Which companies have dominant strategies? Group of answer choices Office Depot only. Dunder Mifflin only. Neither Dunder Mifflin or Office Depot.. Both Dunder Mifflin and Office Depot
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