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Question 30 Use the table below, is the outcome optimal when each firm uses its dominant strategy? Firm B Cheats Does not cheat A: $0

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Question 30 Use the table below, is the outcome optimal when each firm uses its dominant strategy? Firm B Cheats Does not cheat A: $0 A: $100 Cheats B: $0 B: -$50 Firm A Does not cheat A: -$50 A: $50 B: $100 B: $50 O Yes. O It cannot be determined. O No. O It can only be determined if the two firms explicitly talk to each other

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