Pick the correect answer

10. The following matrix describes a game between Company X and Company Y

		Company X
		Advertise	Do Not Advertise
Company Y	Advertise	8, 12	4, 2
Do Not Advertise	2, 4	12, 8

Which of the following statements is true?

A.The Nash equilibrium is "Do Not Advertise, Do Not Advertise".

B."Advertise" is a dominant strategy for Company A and Company B.

C."Do Not Advertise" is a dominant strategy for Company A and Company B.

D.The Nash equilibrium is "Advertise, Advertise".

11. The following matrix describes a game between Company A and Company B.

		Company A
		Enter	Do Not Enter
Company B	Enter	5, 5	4, 6
Do Not Enter	6, 4	4.5, 4.5

Which of the following statements isfalse?

A."Do Not Enter" is a dominant strategy.

B.The dominant strategy equilibrium is "Enter, Enter".

C."Enter" is a dominated strategy.

DThe dominant strategy equilibrium is "Do Not Enter, Do Not Enter".