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Economics

Answer this question based on the payoff matrix above for a duopoly in which the numbers indicate the profit from following either an international strategy or a national strategy. Refer to the above table. If firm A chooses an international strategy while firm B chooses a national strategy, then the payoffs will be

A. $3M for both firms

B. $17M for both firms

C. $15 for firm A and $5 for firm B

D. $5 for firm A and $15 for firm B

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91400941

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