13. In cell b13, create a formula without a function using absolute references that subtracts the values of cells b5 and b7 from
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The option that is consistent with the above payoff matrix is;
C: Increase Subscription Price is a dominant strategy for Daily Voice.
<h3>Payoff Matrix</h3>The table showing the matrix is missing and so i have attached it.
- When Town Herald does not change the subscription price, then it is obvious that the best strategy for daily voice is to increase subscription price because $600 > $500 from the matrix table.
Thus, the correct option that is consistent with the above payoff matrix is Option C
The missing options are;
a. Do Not Change Subscription Price is adominant strategy forDaily Voice.
b. Do Not Change Subscription Price is adominant strategy forTown Herald.
c. Increase Subscription Price is a dominantstrategy for daily Voice.
d. Increase Subscription Price is a dominantstrategy forTown Herald.
e. There are no dominant strategies in the abovepayoff matrix
Read more about payoff matrix at; brainly.com/question/16158065
