Find the solution to the following advertising decision game between coke and pepsi by using the method of successive elimination of dominated strategies. Does Pepsi have a dominated strategy in the original payoff table? If so, what is it and why is it dominated? If not, why not?

PEPSI'S BUDGET

LOW MEDIUM HIGH

Low $400, $400 $320, $720 $560,$600

COKE'S BUDGET Med $500, $300 $450, $525 $540, $500

High $375, $420 $300, $378 $525, $750

(first number is Coke, second number is Pepsi)