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Answer this question based on the following payoff matrices for a repeated game involving two firms that are considering introducing new products to the market. The numbers indicate the profit from following either a strategy to introduce a new product or a strategy to not introduce a new product.

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aaregbe

Answer:

The national strategy is the dominant strategy for both firms.

Explanation:

In a market system, the best strategy for profit optimization is the one that leads to the maximization of profit. The two firms will definitely consider different options and compare the net profits for all the strategies. Based on the net profits of the strategies, the firms will decide on the best strategy that is the national strategy.

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