# (Table: Ozzie's, Manny's Payoff Table) Mandy's Cement (profit in 1,000s) Ozzie's Cement (profit in 1,000s) Low...

###### Question:

(Table: Ozzie's, Manny's Payoff Table) Mandy's Cement (profit in 1,000s) Ozzie's Cement (profit in 1,000s) Low Price $60,$60 $20,$130 Low Price High Price High Price $130, 520 S80,$80 Refer to the table. Which of the following statements is TRUE? Manny's dominant strategy is low price, and Ozzie's dominant strategy is high price. O Manny's dominant strategy is low price, and Ozzie's dominant strategy is low price. Manny's dominant strategy is high price, and Ozzie's dominant strategy is high price. O Manny and Ozzie do not have dominant strategies.

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