Question: Can you help to solve this questoin? please do not plagrisim.... [n a small town, two restaurants compete in the market for pizza. Each restaurant

Can you help to solve this questoin? please do not plagrisim....

[n a small town, two restaurants compete in the market for pizza. Each restaurant must decide whether to charge a high price or a low price. The potential monthly prots for these rms are as shown below (in thousands of dollars). Restaurant A Price Low Price High 18 (B) 30 (B) Price 12 ( A) 70 (A) Low Restaurant B 42 (B) Price High 70 (B) 30 (A) 28 (A) a) Does Restaurant A have a dominant strategy? If yes, what is it? Explain. (2 marks) b) Does Restaurant B have a dominant strategy? If yes, what is it? Expalin.(2 marks)

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