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finite math help Rosa's Pizzeria and Carlo's Pizzeria compete for customers. They are each considering either lowering their prices or improving their decor in order
finite math help
Rosa's Pizzeria and Carlo's Pizzeria compete for customers. They are each considering either lowering their prices or improving their decor in order to attract more customers. Market research indicates that the results of employing these strategies are as shown in the following matrix. The entries in the matrix represent the number of pizzas sold each day by Rosa's Pizzeria at the expense of Carlo's Pizzeria. Determine each pizzeria's optimal strategy. Is this game strictly determined? Carlo's Price Decor Price 60 40 Rosa's Decor 25 15 Determine the optimal pure strategies for the payoff matrix of the game. The optimal pure strategy for R is to choose row The optimal pure strategy for C is to choose column (Type whole numbers.) Determine each pizzeria's optimal strategy. Choose the correct answer below. O A. Carlo's Pizzeria should increase their price and Rosa's Pizzeria should improve their decor. O B. Rosa's Pizzeria should lower their price and Carlo's Pizzeria should improve their decor. O C. Rosa's Pizzeria should increase their price and Carlo's Pizzeria should improve their decor. O D. Carlo's Pizzeria should lower their price and Rosa's Pizzeria should improve their decor. Is this game strictly determined? O Yes O NoStep by Step Solution
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