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Consider the payoff matrix below, which shows the advertising strategies of two competing firms

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Consider the payoff matrix below, which shows the advertising strategies of two competing firms. All payoffs are in dollars. Firm B Advertise Advertise on TV online Advertise $5 $15 on TV $5 $30 Advertise $10 $30 online $40 $20 Firm A In the Nash equilibrium, Firm A earns $ and Firm B earns $
Use the figure below to determine the dominant strategy for each player, if a dominant strategy exists. Player B Strategy 1 2 Strategy 2 4 Strategy 1 Player A 10 7 5 Strategy 2 11 3 What is the dominant strategy for Player A? (Click to select) What is the dominant strategy for Player B?