Answer:
Advertise
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing.
Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
Prisoners dilemma is a form of game theory that examines individuals might not cooperate even though it would be in their best interest to cooperate.
The payoffs of advertising is either $5,000 or $12,000
The payoffs of not advertising is either $12,000 or $2,000.
If the game is repeated once, the best strategy is to advertise because the payoffs of advertising is greater than the payoffs of not advertising.
I hope my answer helps you
