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Question 13 2 pts Refer to the payoff matrix below. Suppose that Firm A and Firm B are the only two automobile manufacturing companies serving
Question 13 2 pts Refer to the payoff matrix below. Suppose that Firm A and Firm B are the only two automobile manufacturing companies serving the market. Both are considering adding additional safety features to their cars. Assume this is a one-time, simultaneous game. The dominant strategy of firm A is Firm A's Strategy Additional No additional safety safety $18 $12 Additional safety $18 $25 Firm B's Strategy $25 $20 No additional safety $12 $20 O Both O No additional safety O Additional safety O None Question 14 2 pts Refer to the payoff matrix in question 14. Suppose that Firm A and Firm B are the only two automobile manufacturing companies serving the market. Both are considering adding additional safety features to their cars. Assume this is a one-time, simultaneous game. The dominated strategy of firm B is O additional safety O both O none O No additional safetyQuestion 15 Refer to the payoff matrix in question 14. Suppose that Firm .4 and Firm B are the only two automobile manufacturing companies sewing the market. Both are considering adding additional safety features to their cars. Firm It is a 0 not a player 0 diagonal player Q row player 0 column player Question 16 Refer to the payoff matrix in question 14. Suppose that Firm .4 and Firm B are the only two automobile manufacturing companies sewing the market. Both are considering adding additional safety features to their cars. Firm B is a O Diagonal player Ct not a player 0 column player 0 Row player Question 1? Refer to the payoff matrix in question 14. Suppose that Firm .4 and Firm B are the only two automobile manufacturing companies sewing the market. The Nash equilibrium outcome is O firm A choosing additional safety and firm [i choosing no additional safety 0 both firms choosing no additional safety 0 both firms choosing additional safety Ct firm A choosing no additional safety and firm l3 choosing additional safety
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