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Alistair s (A) Choices budget Baine's (B) Choices L eave ad vertising budget as is crease A: $30,000 profit B: $30,000 profit A: $50,000
Alistair s (A) Choices budget Baine's (B) Choices L eave ad vertising budget as is crease A: $30,000 profit B: $30,000 profit A: $50,000 profit B: $10,000 profit ad Vertis budget is A: $10,000 profit B: $50,000 profit A: S40.ooo profit B: $40,000 profit Refer to the abole table. Does Alistair have a dominant strategy and ifso, what is it? A) Yes, Alistair should increase its advertising budget. 8) Yes, Alistair should keep its advertising budget as is. C) There are two dominant strategies: if Baine increases its advertising budget, then Alistair's best bet is to keep its budget the same but if Baine does not increase its spending then Alistair should raise its advertising budget D) No, there is no dominant strategy. Justify your answer
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