Pizza Hut and Dominos are the only two pizza places in Water…
Pizza Hut and Dominos are the only two pizza places in Waterford. Both firms are deciding if they should offer a Friday night promotion on their pizzas. The table above shows the payoff matrix for the profits each company could earn if they do or do not offer a discount. Is there a dominant strategy for Dominos, and if so what is it? Make sure to answer both questions.