Suppose the accompanying table describes the relationship between price and quantity demanded for a monopolist.  QuantityPrice1$102$93$84$75$66$57$48$3The marginal revenue of the third unit of output is:

Stock options make managers who receive them have exactly the same goals as shareholders

Indicate whether the statement is true or false

Refer to the above payoff matrix for the profits (in $ millions) of two firms (X and Y) making a decision to advertise or not. Which of the following is the outcome of the dominant strategy without cooperation?

A. Firm X chooses not to advertise while firm Y chooses to advertise. B. There is no dominant strategy in this scenario. C. Both firm X and firm Y choose not to advertise. D. Firm X chooses to advertise while firm Y chooses not to advertise.