Question: Please help with this practice question. Two competing stores, Best Buy and Fry's, are deciding whether to put their new store in Hayward or Fremont.

Please help with this practice question.

Please help with this practice question. Two competing stores, Best Buy and

Two competing stores, Best Buy and Fry's, are deciding whether to put their new store in Hayward or Fremont. The payoffs associated with each store's decision are given in the table below: Fry's Hayward Fremont Hayward BB: $17M BB: $22M Best Fry's: $12M Fry's: $14M Buy BB: $15M BB: $13M Fremont Fry's: $18M Fry's: $10M What is Fry's dominant strategy? O Fry's doesn't have a dominant strategy. O Hayward O Fry's dominant strategy depends on what Best Buy chooses. O Fremont Both Hayward and Fremont

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