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submit the answer and then watch the video feedback. Ollie's Choice Pedro's Choice High Production 175 gallons Low Production 125 gallons High Production 175 gallons
submit the answer and then watch the video feedback. Ollie's Choice Pedro's Choice High Production 175 gallons Low Production 125 gallons High Production 175 gallons Ollie gets $2,625 profit Pedro gets $2,625 profit Ollie gets $2,500 profit Pedro gets $3,500 profit Low Production 125 gallons Ollie gets $3,500 profit Pedro gets $2,500 profit Ollie gets $3,125 profit Pedro gets $3,125 profit Does Pedro have a dominant strategy? If so, what is it? a. No, Pedro's best strategy changes depending on Ollie's choice. b. Yes, Pedro's dominant strategy is low production. c. Yes, Pedro's dominant strategy is high production
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