Use the following normal-form game to answer the questions below. Player 1 Strategy A B a. Identify the one-shot Nash equilibrium. O (A,D) Player 2 C D 20, 20 5, 50 50, 5 35, 35 O (B,C) O (B,D) O (A,C) b. Suppose the players know this game will be repeated exactly three times. Can they achieve payoffs that are better than the one- shot Nash equilibrium? O No O Yes c. Suppose this game is infinitely repeated and the interest rate is 5 percent. Can the players achieve payoffs that are better than the one-shot Nash equilibrium? ○ Yes O No