Homework Answers
Bob, by choosing pizza, gets a payoff of -$10 if Sam also add pizza and $15 if Sam does not add pizza.
Bob, by not choosing pizza, gets a payoff of 0 is Sam adds pizza and $10 otherwise.
There is no dominant strategy for Bob.
Similarly, for Sam there is no dominant strategy.
Hence the correct option is
Neither firm has a dominant strategy.
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Sam's Product Strategy Pizza No Puzza -510 815 Bob's Product Strategy Refer to the payoff matrix....
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