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Use the matrix above to answer the questions below. The value in the cells represent profit for Chevy and Ford. What is Chevy's dominant strategy?

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Use the matrix above to answer the questions below. The value in the cells represent profit for Chevy and Ford. What is Chevy's dominant strategy? Highlight Self, Attack Ford, or None?What is Ford's Dominant Strategy? Highlight Self, Attack Ford, or None?What is the most likely outcome? Enter the cell outcome as it is depicted or enter N if there isn't one. What is the best overall outcome? Enter the cell outcome as it is depicted or enter N if there isn't one.

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Chevy Attack Ford Highlight Self C = $8M C = $11M Attack F = $7M F = $9M Chevy Ford Highlight C = $9M C = $8M Self F = $7M F = $14M

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