3.( 5 points ) Refer to the following game. (a) What is Player 1’s…3.(5 points) Refer to the following game.(a) What is Player 1’s dominant strategy (if they have one)?(b) What is Player 2’s dominant strategy (if they have one)?(c) For each of the following options please point out which options constitute a Nash equilibrium?A.S1, t1 B.S2, t2 C.S2, t3 D.S1, t2 textlayer layer… Show moreBusiness Economics BC 807
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