$1$ pts

Table $14\mathrm{.}1$

B$\text{'}$s Strategy

$$ Raise Price Don't Raise Price

$$ Raise A$\text{'}$s profit $$3,000$ A$\text{'}$s profit $$10,000$

$$ Price B$\text{'}$s profit $$3,000$ B$\text{'}$s profit $$15,000$

A$\text{'}$s Strategy $$

$$ Don't A$\text{'}$s profit $$15,000$ A$\text{'}$s profit $$5,000$

$$ Raise B$\text{'}$s profit $$10,000$ B$\text{'}$s profit $$5,00$

$$

$$

Refer to Table $14\mathrm{.}1.$ Firm A$$s optimal strategy is

Group of answer choices

indeterminate from this information, as no information is provided on Firm A$$s risk preference.

to not raise the price of its product.

dependent on what Firm B does.

to raise the price of its product.