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hi there please help 10 enario: Two rival rms have to choose between two strategies to maximize their benets. The two alternative strategies available are

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hi there

please help 10

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enario: Two rival rms have to choose between two strategies to maximize their benets. The two alternative strategies available are Strategy X and Strategy Y. The matrix below shows the respective payoffs for each strategy chosen by the rms. The rst number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player. Refer to the scenario above. Which ofthe following is true in this case? 0 A. Firm A's dominant strategy is to choose Strategy X. 0 B. Firm B's dominant strategy is to choose Strategy Y. O C. Firm Awill choose strategy X if Firm B chooses Strategy! 0 D. Firm A will choose strategy Y if Firm B chooses Strategy Y

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