The payoff matrix above for a duopoly

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Reference no: EM13833175

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

Reference no: EM13833175

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