One of the most famous examples of a standards war arises from what is known as the War of Currents between Thomas Edison and Nikola Tesla. Edison favored the use of direct current (DC) systems whereas Tesla promoted the use of alternating current (AC) systems. Each had their own benefits and drawbacks, but both men knew that neither system would be successful unless one format was adopted on a wide scale. Using this information, please fill in the payoff matrix. In each label, the number before the comma is Edison's payoff and the number after the comma is Tesla's payoff. Edison AC DC AC no change Tesla DC What would you expect to happen to the price of the standard that wins the war? increase decrease Anwer Bank 2500 700 10

One of the most famous examples of a standards war arises from what is known as the War of Currents between Thomas Edison and Nikola Tesla. Edison favored the use of direct current (DC) systems whereas Tesla promoted the use of alternating current (AC) systems. Each had their own benefits and drawbacks, but both men knew that neither system would be successful unless one format was adopted on a wide scale. Using this information, please fill in the payoff matrix. In each label, the number before the comma is Edison's payoff and the number after the comma is Tesla's payoff. Edison AC DC AC no change Tesla DC What would you expect to happen to the price of the standard that wins the war? increase decrease Anwer Bank 2500 700 10