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Question 2 Two department store chains, Macy's and Kohl's, are deciding whether or not to remodel their competing stores in Ventura Each store's profits

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Question 2 Two department store chains, Macy's and Kohl's, are deciding whether or not to remodel their competing stores in Ventura Each store's profits based on whether or not they remodel (and their competitor's decision) are given in the table below: Kohl's Remodel Macys Don't Remodel Remodel Macy's: $35M Kohl's: $30M Macy's: $25M Kohl's: $40M Don't Remodel Macy's: $55M Kohl's: $10M Macy's: $30M Kohl's: $25M What are Macy's and Kohl's dominant strategies? C) Macy's: Remodel, Kohl's: None Macy's: Remodel, Kohl's: Remodel C) Macy's: None, Kohl's: Don't Remodel C) Macy's: Don't Remodel, Kohl's: Remodel C) Macy's: Remodel, Kohl's: Don't Remodel Moving to another question will save this response.

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