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a. All firms have a dominant strategy and each firm chooses its dominant strategy.
b. All firms have a dominant strategy, but only some choose to follow it.
c. All firms have a dominant strategy, and none choose it.
d. None of the above is correct.
a. All firms have a dominant strategy and each firm chooses its dominant strategy. .................................................................................................................
1ST OPTION... Option A.........
Option " A " Is Right Answer
(A) Thank You.
My answer is an option (A)
it's answer A ______________________________
c. All firms have a dominant strategy, and none choose it
The answer is : Option ( A ) ,,,,,,,
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