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Please help me, I don't understand. Thank you Question 8 1 pts Target Set low Set high prices prices Set low T: $5 million T:

Please help me, I don't understand. Thank you

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Question 8 1 pts Target Set low Set high prices prices Set low T: $5 million T: $7 million prices W: $6 million W: $7 million Walmart Set high T: $6 million T: $5 million prices W: $4 million W: $1 million Target and Walmart must decide whether to set high or low prices, based on the potential economic profits shown in the table above. (A "T" indicates Target's profit and a "W" indicates Walmart's profit.) Who has a dominant strategy? Walmart has a dominant strategy but Target does not. O Target has a dominant strategy but Walmart does not. Both Walmart and Target have dominant strategies. O Neither Walmart nor Target has a dominant strategy

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