QUESTION 5 Player 2 Left P1: $12 P2: $45 P1: $10 P2:$10 Player 2 Left P1: $22 Player 1 Up P2: $22 P1: $26 Down P2:$44 In the game shown above, list all of the EFFICIENT Nash Equilibrium (please check ALL that apply) (up, left) (up, right) (down, left) □ (down, right) No efficient Nash Equilibrium Player 1 List all dominant stragies in the game shown above Up is a dominant strategy for player 1 Down is a dominant strategy for player 1 Left is a dominant strategy for player 2 Right is a dominant strategy for player 2 There are no dominant strategies in this game. QUESTION 6 Up Down Right P1:$50 P2: $0 P1: $35 P2: $3 Right P1:$1 P2: $24 P1: $0 P2: $0

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