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

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 9 depict, when at least two pricing periods are expected? Table 9 Pricing Strategy Scenario Table 9 Pricing Strategy Scenario a) Mechanic Tom plays "Tit-for-Tat" and Mechanic Angela plays "Tit-for-Tat." b) Mechanic Angela plays "Tit-for-Tat" and Mechanic Tom "cheats." c) Mechanic Tom plays "Tit-for-Tat" and Mechanic Angela "cheats." d) Mechanic Angela "cheats" and Mechanic Tom "cheats" e) When there is only a single period in which to choose and Mechanic Tom does not know what Mechanic Angela will do. Mechanic Tom chooses the Nash Noncooperative Equilibrium price strategy