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Ming and Henri each run one of the two dry cleaning facilities in the town of Scaraby. Both consider offering free pickup and delivery services.

Ming and Henri each run one of the two dry cleaning facilities in the town of Scaraby. Both consider offering free pickup and delivery services. Table 13 - 2 shows the payoff matrix containing the expected quarterly profits for each firm.

1) Refer to Table 13 - 2. Does Henri have a dominant strategy? If yes, what is it?

A) Yes, Henri's dominant strategy is to not offer free pickup and delivery.

B) Yes, Henri's dominant strategy is to offer free pickup and delivery.

C) No, Henri does not have a dominant strategy - his best outcome depends on what Ming does.

D) Yes, Henri's dominant strategy is to wait and see what Ming does first.

image text in transcribed
Table 13-2 Ming ojfmee pickup does not offer free pickup and delivery and delivery offers free pickup Ming:$20,000 Ming:$10,000 and delivery Henri:$50,000 Henri:$25,000 ' (106 not offer ee pickup Ming:$30,000 Ming:$15,000 and delivery Henri:$40,000 Hemi:$45,000

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