(Solved): Table B Pricing Matrix shows the pricing options for two mechanics, Angela and Tom, operating in a ...

Table B Pricing Matrix shows the pricing options for two mechanics, Angela and Tom, operating in an oligopoly market. Which of the following pricing strategy scenarios does Table 6 depict, when there is only ONE pricing period expected? a) Mechanic Tom chooses the Nash Noncooperative Equilibrium price strategy because it is the safest choice. b) Mechanic Tom plays "Tit-for-Tat" and Mechanic Angela plays "Tit-for-Tat." c) Mechanic Tom plays "Tit-for-Tat" and Mechanic Angela "cheats." d) Mechanic Angela "cheats" and Mechanic Tom "cheats." e) Mechanic Angela chooses the Nash Noncooperative Equilibrium price strategy because it is the safest choice.