Problem: Consider the given payoff matrix:
Player B Strategy
Player A $ 1,000 - $ 2,000
Strategy $ 2,000 - $ 1,000
- $ 1,000 - $ 2,000
- $ 2,000 - $ 1,000
1) Does Player A have a dominant strategy? Explain why or why not.
2) Does Player B have a dominant strategy? Explain why or why not.