Table 13-3 Saudi Arabia's (S) Choices Low Output High Output S: $100 million profit Low Output S: $75 million profit Nigeria's N: $20 million profit N: $12 million profit (N) Choices High Output S: $80 million profit S: $60 million-profit N: $30 million profit N: $20 million profit Suppose OPEC has only two producers, Saudi Arabia and Nigeria . Saudi Arabia has far more oil reserves and is the lower cost producer compared to Nigeria. The payoff matrix in Table 13-3 shows the profits earned per day by each country. "Low output" corresponds to producing the OPEC assigned quota and "high output" corresponds to producing the maximum capacity beyond the assigned quota. Refer to Table 13-3. Is there a dominant strategy for Nigeria and, if so, what is it? O No, there is no dominant strategy. O Yes, the dominant strategy is to produce a high output. O Yes, the dominant strategy is to produce a low output. O Yes, it has a dominant strategy depending on what Saudi Arabia does