Business, 27.04.2021 22:50, daniecott

What is the dominant strategy in this situation? A. Firm A offers extended warranties but Firm B does not. B. Firm B offers extended warranties but Firm A does not. C. Neither firm offers extended warranties. D. Both firms offer extended warranties. A dominant strategy A. never results in the highest profits for both firms. B. always results in the highest profits for both firms. C. cannot be evaluated. D. always yields the unique best action for the decision maker no matter what action the other firms undertake.

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What is the dominant strategy in this situation? A. Firm A offers extended warranties but Firm B do...