The following provides information for a one-shot game.Firm AFirm B??Low PriceHigh Price?Low Price(2,2)(10,-8)?High Price(-8,10)(15,15)What are secure strategies for firm A and firm B respectively?

A. (high price, high price)
B. Neither firm has a secure strategy.
C. (high price, low price)
D. (low price, low price)


Answer: D

Economics

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