Gabrielle7190 Gabrielle7190
  • 14-01-2021
  • Business
contestada

Tampa Tribune's dominant strategy is ____________ (low price, high price, it has no dominant strategy).

Respuesta :

Munali Munali
  • 15-01-2021

Answer:

Low price

Explanation:

Tampa tribune dominant strategy is low price. If the company keeps its prices high it can get maximum revenue of $88 whereas if the company keeps its prices low it can make maximum revenue of $120. The difference of $32 is gained when the prices are kept and this is dominant strategy for Tampa Tribune.

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