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The picture covers the entirety of the question 020 Offer Don't offer nts out of 10 me Remaining: Alpha earns Alpha earns Offer Beta earns

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020 Offer Don't offer nts out of 10 me Remaining: Alpha earns Alpha earns Offer Beta earns $60,000 $20,000 Beta earns 19 1:31:16 Beta $60,000 $100.000 Alpha earns Alpha earns 28 Don't $ 100,000 $80,000 offer Beta earns Beta earns 37 $20,000 $80,000 46 Alpha and Beta are the only firms selling gyros in the upscale town of Delphi. Each firm must decide on whether to offer a discount to students to compete for Fini customers. If one firm offers a discount but the other does not, then the firm that offers the discount will increase its profit. Table 14-4 shows the payoff matrix Tim for this game. Refer to Table 14-4. How are the firms in this game caught in a prisoner's Los dilemma? Lo Select one: O a. They would be more profitable if they refrained from offering a student discount, but each fears that if it does not offer a student discount it will lose customers. b. They are not in a prisoner's dilemma because there is one clear strategy for each. c. Since each firm is uncertain about the other's behavior, each will adopt a wait-and-see attitude which results in no increase in market share and no new customers. D d. Only the first mover is caught in a prisoner's dilemma because the second has a chance to observe and respond

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