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 price strategy. Who has a dominant strategy?

A. Darrin.
B. Rob.
C. Darrin and Rob.
D. Neither Darrin nor Rob.
Rob
Low Price
High Price
Low Price
$500m
$100m
Darrin
$800m
$1400m
$650m
$700m
High Price
$500m
$700m
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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