Pay-offs (in terms of profit) for the two firms are give Firm2 startegies Firm1 Strategies C B W C [4, 4] [0, 5] [-1, 5] [5, 0] [2, 2] [-1, 1] W [5, -1] [1, -1] [0, 0] a)What is a dominant strategy for each player? b)What are the possible pure strategy Nash equilibrium/equilibria to the one-shot play of this game? c) Explain the likely out the game

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