Use the information below to answer question 8 Firm A: +$ 3m Firm B: - $ 1m Firm A: +$ 4m Firm B: LI-$ 4m Firm A: -$ 1m Firm B: +$ 5m High P Cell A Cell B Firm B Cell C 8. Assume that this 'game' is played as a one-shot simultaneous move game (is both firm A and rm B have to decide what price to charge, simultaneously). Which of the following is true?. ' ' a) Firm A's dominant strategy is to charge a high price, firm B's ' dominant strategy is to charge 'a low price. so the expected outcome is in cefl C. b) Firm A's dominant strategy is to charge a low price, firm B's dominant strategy is to charge a high price , so the expected outcome is in cell B. c) Firm 'A's dominant strategy is to charge a low price. firm B's dominant strategy is to charge a low price. so the expected outcome is in cell D. . d) Firm A does not have a dominant strategy, firm B's dominant strategy is to charge a low price, so the expected outcome is in cell D. . e) Firm A does not have a dominant strategy, so we cannot say what the expected outcome is