Question: Please help with this practice question. Maria and Jose both produce strawberry jam and sell it at the local fair. They each much decide whether

Please help with this practice question.

Please help with this practice question. Maria and Jose both produce strawberry

Maria and Jose both produce strawberry jam and sell it at the local fair. They each much decide whether to charge $8 for a jar of jam or $4 a jar. The following table gives the payoffs associated with each of their choices: Jose Charge $8 Charge $4 Charge Maria: $200 Maria: $50 Maria $8 Jose: $180 Jose: $280 Charge Maria: $300 Maria: $180 $4 Jose: $40 Jose: $150 What is Maria's dominant strategy? O Charge $8 a jar. O Charge $4 a jar. Charge $6 a jar. O Charge either $8 a jar or $4 a jar. O It depends on what Jose charges. O Maria doesn't have a dominant strategy

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