The above table shows the payoffs that either Darrin or Rob receive depending on whether they choose a high or a low price strategy. Who has a dominant strategy? A. Darrin. B. Rob. C. Darrin and Rob. D. Neither Darrin nor Rob.
The above table shows the payoffs that either Darrin or Rob receive depending on whether they choose a high or a low price strategy. Who has a dominant strategy? A. Darrin. B. Rob. C. Darrin and Rob. D. Neither Darrin nor Rob.
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The above table shows the payoffs that either Darrin or Rob receive depending on whether they choose a high or a low
A. Darrin.
B. Rob.
C. Darrin and Rob.
D. Neither Darrin nor Rob.

Transcribed Image Text:Rob
Low Price
High Price
Low Price
$500m
$100m
Darrin
$800m
$1400m
$650m
$700m
High Price
$500m
$700m
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